Trade News

China Enterprises Index Up 2.31 Pct -- May 13May 14, 2008

The Hang Seng China Enterprises Index on Hong Kong Stock Exchange went up 315.33 points, or 2.31 percent, to close at 13,977.91 Tuesday. The H-shares index, initiated in August 1994 and readjusted on March 10, 2008, tracks the overall performance of 42 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange. Hang Seng China...

China's Wholesale Prices Up 10.3 Pct in April May 14, 2008

China's corporate goods price (CGP) index, also called the wholesale price index, jumped 10.3 percent year-on-year in April, or 0.7 percent month-on-month, according to figures released on Tuesday by the People's Bank of China (PBOC), the central bank. The wholesale price index reflects changes in the prices of commodities traded among enterprises on ...

Iron ore supplier's solid bond with China May 14, 2008

The world iron ore industry is dominated by three major international suppliers: Brazil's Companhia Vale do Rio Doce and two Australian producers BHP Billiton and Rio Tinto. These three contribute around 80 percent of the world's sea-borne iron ore that are shipped into emerging markets such as China. Just four years ago, Fortescue Metals Group Ltd (FM...

China's Jan.-April steel exports down 24% May 14, 2008

Rolled steel exports ebbed in the first four months of this year, reflecting China's efforts to cut exports of the smokestack industries and the increasing anti-dumping actions against Chinese products abroad. The General Administration of Customs said on Tuesday that between January and April, China exported 16.17 million tons of rolled steel, down 2...

China Jan.-April oil imports up 10% in volume, 81% in value May 14, 2008

Crude oil imports rose 9.8 percent year-on-year in the first four months of this year to 59.77 million tons, the General Administration of Customs said on Tuesday. But the cost surged to 40.3 billion U.S. dollars, up 80.8 percent, due to higher global crude prices. China exported 800,000 tons of crude oil, down 25.2 percent in volume, but the e...

Fiji Signs 666 Mln USD Sugar Deal with EU May 13, 2008

The Fiji Sugar Corporation (FSC) has sealed a one billion Fiji dollars (666 million U.S. dollars) deal to supply raw sugar as preferential exports to the European Union market over the next seven years, the Fiji Times daily reported on Monday. The contract for the supply of 300,000 tons of sugar per annum has been sealed with the corporation's traditi...

Vietnam's Petroleum Imports Surge in 4 Months May 13, 2008

Vietnam spent nearly 3.8 billion U.S. dollars importing roughly 4.7 million tons of petroleum products in the first four months of this year, up 70.2 percent in value and eight percent in volume against the same period of last year. Between January and April, Vietnam exported nearly 4.6 million tons of crude oil worth roughly 3.5 billion U.S. dollars,...

Indonesian Gov't Plans 1 Bln Hectares of Rice Estates May 13, 2008

The Indonesian government plans to have one billion hectares of rice estates in the country to meet the demand for rice in Muslim countries, its Agriculture Minister Anton Apriyanto said in Kuala Lumpur on Monday. We have discussed it with Sheikh Saleh Kamel (World Halal Forum chairman). We will do feasibility studies of this program and he will get i...

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