Letter of Credit articles & resources on Made-in-China.com

Everything You Need to Know About Chinese Wholesale

May 13, 2019

Finding Manufactures Discovering Chinese Wholesale Suppliers can be as simple as you want it to be. If you have been scouring the Internet, searching for manufactures, keep it up. Every person searching for a Chinese wholesale supplier ...

Spot Import Premiums Is Dampened by Weak Interest

Aug 21, 2014

Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...

Tags: Metal, Copper, Metallurgy

Iranian Petrochemical Traders Sell Products on a CFR Basis to Avoid Payment Issues

May 29, 2014

Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...

Tags: Petrochemical

Chinese Iron Ore Importers Denied They Were Under Pressure to Sell Their Port Stocks

Apr 24, 2014

Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...

Tags: Iron Ore, steel mills

Sears Holdings Corporation Announced Lands'End Has Been Separated From Sears Holdings

Apr 9, 2014

Sears Holdings Corporation announced that its pro-rata spin-off of Lands' End, Inc. ("Lands' End") from Sears Holdings closed on April 4, 2014. Lands' End has now been separated from Sears Holdings and its common stock is expected to begin ...

Tags: Sears Holdings, Lands'End Business

You Can Still Sell Coal to China, But Prices Are an Issue

Feb 27, 2014

Spot deals for Indonesian thermal coal were hard to come by as bids from both Indian and Chinese buyers are not firm due to rising freight rates, sources said Tuesday. "You can still sell coal to China, but prices are an issue," a ...

Tags: Thermal Coal, Mineral

Learn Trade Knowledge - Win New Year Gifts

Jan 11, 2014

Activity Date: January 10th ~ January 31st (GMT+8:00) Happy New Year! Thank you for joining in our activity. Good luck for you to win a wonderful new year gift during the lucky draw! We will update the previous quiz answer every ...

Tags: Trade Knowledge, New Year Gifts, Trading Quiz, Lucky Draw

Indian Govt Amended Procedure for Issue of Rcs for Export Including Cotton and Cotton Yarn

Jan 6, 2014

The Director General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India has amended the procedure for issue of Registration Certificates (RCs) for export of various commodities, including cotton and cotton yarn. ...

Tags: Cotton, Yarn Exports

The European RMB Boss - Luxembourg

Dec 10, 2013

Although Luxembourg trade volume is not large, but it's ranked first Yuan trade financing countries in Europe. The data from PWC showed that, the total of RMB trade finance in Luxembourg from January 2013 to September was 70.1 billion Yuan, ...

Tags: Service, Economy, RMB

Arch Coal Announced That It Entered Into an Agreement for $16 Million in Cash

Oct 12, 2013

Arch Coal, Inc. announced Thursday that it has entered into an agreement to acquire the Guffy property from Patriot Coal Corporation for $16 million in cash. The Guffy reserves are owned in-fee, are contiguous to Arch's Tygart Valley ...

Tags: Arch Coal, Patriot Coal

There Are Some Measures for Importing From China to The USA

May 27, 2013

Focus on the import duties. Import duties will be based on the HS code of the products you import, the countries of origin which is China and the destination. In case your Chinese supplier has some export knowledge, he must know exactly ...

Tags: Importing From China

Top 10 Things That You Should Keep in Mind When Importing From China

May 27, 2013

1. Know about your potential suppliers. It is best if you have information of whether your potential suppliers are third party suppliers, exporters, or actual manufacturers in China. Keep in mind that in international trade, business ...

Tags: Importing From China

Hyundai Steel Company Issued a USD 17.2 Million Letter of Credit

Jan 6, 2013

It is reported that Hyundai Steel Company issued a USD 17.2 million letter of credit to Australian iron ore company Pluton Resources against the purchase of four shipments commencing in August 2013. Mr Tony Schoer MD of Pluton Resources ...

Tags: Hyundai Steel Company, Australia, iron ore, Pluton Resources

Uttam Galva Group Would Turn Around The Fortunes of The Acquired Company

Dec 29, 2012

Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...

Tags: Lloyds Steel, Economic

How Keep Your Business Safe

Dec 27, 2012

1. How to protect trade secrets and processes? The best thing your company can do is to only disseminate trade secrets to those who have a need to know the information. When outsourcing manufacturers you may consider separating your ...

Tags: Focus Vision, Service, Business Safe

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