China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...
Tags: Imported Naphtha, Naphtha
Australia has dropped another place in world competitiveness rankings, falling further in economic performance and government efficiency rankings, raising concerns about our competitiveness as a smart economy. In releasing the Australian ...
China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...
Tags: Import Duty, Consumer Goods
Luxembourg based steel and mining company ArcelorMittal has entered into a Memorandum of Understanding (MoU) with Steel Authority of India (SAIL) to build an automotive steel manufacturing facility in India. As per the MoU, both the ...
Tags: ArcelorMittal, Automotive Steel
Nigeria’s textiles traders are a worried lot over the increasing Chinese footprint in the country. While the proliferation of Chinese-made textiles is a boon for low income consumers, traders in Kano, northern Nigeria’s biggest ...
Tags: textile market, textiles
SPC Ardmona, an Australian fruit packing company owned by Coca-Cola Amatil, has opened the phase I of the $100m modernisation and renewal project at its fruit processing plant in Shepparton, Australia. The new SPC snack line at the ...
Tags: SPC Ardmona, fruit packing
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
The Ministry of Finance on Monday announced adjustments on the tariffs levied on the import of personal items to stimulate domestic consumption. Starting from June 1, import tariffs on suits and sneakers will be trimmed from 14-23 percent ...
Tags: Import Tariffs, personal items
The delivery ceremony of Sinotruk special vehicles produced in Mianyang city was held on May 19, 2015, and these are the second large order of special vehicles exported to Africa from Mianyang special vehicle company, indicating their great ...
Tags: Special Vehicles, Sinotruk
South Korean carmaker Hyundai Motor is looking to launch Sonata plug-in hybrid electric vehicle (PHEV) sometime between October and November this year to seize the driver’s seat in the eco-friendly domain in the country. "We plan to ...
Tags: Hyundai, Sonata Phev, 2015-End
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
Use of textile chemicals during the manufacturing and processing of textile products enhances product quality and provides special properties to the fabric. Due to such properties, usage of these chemicals in textile manufacturing is ...
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Manganese, Domestic Price
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Ferrous Scrap, Ferrous