Australia has recorded its highest ever monthly exports to China in March with $US13.2 ($17.26 billion) billion worth of goods headed to the country. According to figures released by China’s customs agency, quarterly exports to China rose by 20.9 per cent compared the first quarter of 2020, according to a report by Australian Mining. IAC […]
Aluminum prices jumped to their highest in nearly three years, as Chinese trade data shows export momentum remained strong in March after record gains in February, while imports topped expectations, according to a report by Seeking Alpha. Deepan JoshiDeepan is a seasoned journalist with over 24 years of experience. Deadlines bring out the best in him and […]
Will the lightning pace of battery innovation last? A report by the European Patent Office and International Energy Agency has shown the massive growth of battery technology innovation since 2000 and given an insight into how and where innovation will continue, Power Technology reports. IAC Desk
China’s imports and exports continued their strong rebound in March, data released on Tuesday showed. Exports grew by 30.6 per cent last month from a year earlier to US$241.13 billion, down from the 60.6 per cent seen in January and February, and below the median result of a survey of analysts conducted by Bloomberg, which predicted 38.1 per […]
Faced with a barrage of vitriol over its position on Xinjiang, the Better Cotton Initiative – an organisation that prides itself on “creating transparency” – has gone to ground, the South China Morning Post reported. IAC Desk
Grain markets are keeping a close eye on the upcoming WASDE Report that’s set to be released by the USDA at 11 am Central Time on Friday. The report is released monthly, and provides annual forecasts for supply and use of U.S. and world wheat, rice, coarse grains, oilseeds, and cotton, kmaland.com reported. IAC Desk
In pursuit of China’s goal of reducing its carbon footprint, regulators are moving to cut crude steel production. This would also address US concerns about Chinese overproduction in the steel industry, an Opinion based on a report by the United States Trade Representative (USTR), argued in the South China Morning Post. IAC Desk
China has set a goal of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, which calls for sustained measures and execution of those measures. However, carbon neutrality should not be an end in itself, China Daily reported. IAC Desk
The COVID-19 pandemic cut into Japan’s domestic demand for soybeans as eating out shifted to more in-home cooking during the 2020-21 marketing year, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA), according to World-Grain.com. IAC Desk
Indian refiners are going shopping as far as North and South America, buying some crude grades for the very first time, as the world’s third-largest oil importer looks to diversify its oil imports away from the Middle East, according to OilPrice.com. IAC Desk
