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China to scrap iron ore import licence systemChina plans to scrap its decade-old iron ore import licensing system this year, an industry source said on Thursday, a move that may further lift imports in a market that takes two-thirds of the world's international iron ore trade. More… |
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Bahrain destroys tonnes of rotten foodMore than 781 tonnes of imported rotten food items have been destroyed in Bahrain after they were seized by the Health Ministry’s food control inspectors at various entry points in the kingdom. However, more than one million More… |
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EU Mideast jet fuel imports to escape new dutyThe European Union's jet fuel imports from the Middle East are likely to escape a tariff that would have raised prices from next year, thanks to a waiver, EU sources and traders said. Leading Middle East oil producers are to l More… |
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Egypt wheat stocks fall; enough for 89 daysStrategic stocks of wheat held by top global importer Egypt stand at 2.207 million tonnes from international and local markets, enough to last 89 days, a cabinet report said on Wednesday. That c More… |
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Emirates LNG to start terminal work this yearEmirates LNG has leased a plot of land on the east coast of the UAE and will start building an LNG import terminal there later this year, the company said in a statement on Sunday. The joint ven More… |
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Brazil trade mission targets importersA Brazilian Trade Mission, comprising 30 companies from diverse sectors, will meet importers and trading companies from the region this week in Dubai. Firms from will take part in the host More… |
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Egypt puts import tariffs on sugar, steel rebarEgypt has notified the World Trade Organization (WTO) that it has imposed additional tariffs on raw and white sugar and steel rebar for 200 days from December 2, to protect domestic producers from a surge in imports, WTO filings showed on Wednes More… |
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US trade deficit narrowsThe US trade deficit narrowed in September as exports increased, suggesting global demand for US goods was holding up despite the debt crisis in Europe. Other data on Thursday showed a drop in n More… |
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Iran to import 100,000 T Argentine soyoilIran is likely to import over 100,000 tonnes of soyoil from Argentina in October-December 2012 as Iran's purchasing of soybeans, soyoil and soymeal is recovering from the impact of sanctions, said a report. "Imports of so More… |
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Rivals line up to replace Russia grain to EgyptFrance and other leading global wheat exporters, normally undercut by cheap Russian supplies, are poised to snag new business from top importer Egypt, with Russia's drought-depleted export surplus seen drying up within weeks. More… |
