Category: Products

Jan 29

85 percent of flour mills shut after India restricted wheat export

The eight-month-long ban on the export of wheat by the Indian government has forced 80-85 percent of flour mills in Nepal to shut down. Flour producers said that the ban has also created a shortage of refined flour and wheat flour in the market. Dinesh Kumar Agrawal, senior vice president of the Nepal Flour Mills Association, said that domestically produced wheat is sufficient to operate a flour mill for five months only. “For the remaining months, producers are dependent on Read Full Details…

Jan 27

UAE expects digital assets to ‘play a major role’ in international trade

The United Arab Emirates (UAE) has indicated an interest in exploring virtual currencies for international trading as it aims to reduce its dependency on the U.S. dollar. UAE’s Minister of State for Foreign Trade, Thani Al-Zeyoudi, told Bloomberg that the country would be pivoting to digital assets in 2023 after making significant headway in their regulation over the last few months. Al-Zeyoudi disclosed this at the recently concluded World Economic Forum (WEF) in Davos with policymakers and business leaders in Read Full Details…

Jan 25

Incredible Growth of Processed Fruits & Vegetables Market 2022 Scale

A recent report published by SMI , titled Processed Fruits & Vegetables Market Research Report 2022-2030 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Processed Fruits & Vegetables including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Processed Fruits & Vegetables Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released BY SMI. The report presents a complete Read Full Details…

Jan 25

Korea Depends More Heavily on Battery Raw Materials from China

Korea’s dependence on China for lithium-ion battery materials, such as lithium hydroxide, cobalt, and graphite, has increased, the Korea International Trade Association (KITA) said on Jan. 24. According to KITA trade statistics released on Jan. 24, China accounted for 87.9 percent of Korea’s lithium hydroxide and lithium oxide imports in 2022, which amounted to US$3.676 billion. The figure represented an increase of 4.1 percentage points from 83.8 percent in 2021. Lithium hydroxide is mainly used for nickel cobalt manganese (NCM) Read Full Details…

Jan 25

Decline in edible oil exports drags down Nepal’s overall export

In the last 2-3 years, Nepal’s export figure has largely been dominated by two products—palm oil and soyabean oil, which are basically not produced in Nepal. The edible oils are brought in crude form and refined in Nepal-based refineries and exported to India. Industry insiders say many producers do not even refine the oils as they import refined oils, repackage and label the products and export them to India which results in no to little value addition. Aided by the Read Full Details…

Jan 24

Implementation of Notification No.06/2015-20 dated 13th May, 2022 – Issue of RCs due to Prohibition on Export of Wheat.

Ministry of Commerce & IndustryDepartment of CommerceDirectorate General of Foreign Trade Dated 30th May, 2022 Trade Notice No. 11 /2022 — 23 Tol. All Regional Authorities of DGFT This issues with the approval of competent authority.(S. K. Mohapatra)Deputy Director General of Foreign TradeE-mail: mohapatra.sk@nic.in (Issued from F.N0. 01/911180/032/AM22/EC/Pt,/E-31336)

Jan 23

Jewellery demand and trade: India gold market series

India, the world’s second-largest consumer of gold Jewellery, has experienced rapid change over the last few years due to evolving demographics.1 Weddings and festivals remain the most important drivers of Indian gold jewellery demand: bridal jewellery alone accounts for at least half of the market share. 2 Over the long term, gold jewellery demand in India will be driven by developments in economic growth, income growth and wealth distribution, as well as the rate of urbanisation. India’s gold Jewellery exports Read Full Details…

Jan 22

Sheep meat exports continue to rise

Latest research from the ADHB shows that during November, imports of fresh and frozen sheep meat totalled 2100 tonnes, back 271 tonnes (11.5 per cent) on October, and 480 tonnes (18.7 per cent) less on the year. Decreased imports were seen from all countries aside from Australia, Spain and Greece, however uplifts from these countries only amounted to an additional 140 tonnes. There was a reduction in EU imports by 23.2 per cent on October, with the largest decreases seen Read Full Details…

Jan 21

Green Ammonia Market Trend | Demand and Import/Export Details up to 2030

Quadintel added another report “Global Green Ammonia Market to its database. The report includes development analysis and in-depth insights for 2023–2030. It also provides a professional and in-depth analysis of future market development prospects and key business patterns, significant constraints and drivers, and profiles of leading market players. The Green Ammonia Market is separated into distinct segments and dividers on a global scale. In order to give users a better understanding of the market for calcium propionate, all information points Read Full Details…

Jan 21

Japan’s clothing imports up 18.6% to 258,588 mn yen in Dec 2022

The imports of clothing and accessories by Japan increased by 18.6 per cent year-on-year to 258,588 million yen ($2,009.90 million) in December 2022. They were 2.5 per cent of the total imports of 10,235,704 million yen during the period under review, according to the provisional trade statistics released by the Far Eastern country’s ministry of finance. The imports of textile yarn and fabric were valued at 100,215 million yen in December 2022, which was 14.1 per cent higher than the Read Full Details…