Crackdown on imports from China upsets Indian exporters

shipping-container.jpg

Indian exporters are apprehensive about heightened scrutiny of consignments from China by the Indian customs. In a letter to commerce secretary Anup Wadhawan, Federation of Indian Export Organisations (FIEO) President Sharad Kumar Saraf said some exporters had expressed fears over Indian goods being held up by customs authorities in Hong Kong and China apparently in […]

Read more

India’s April 2020 crude processing quantity sees biggest drop in nearly two decades

India’s crude oil processing in April slumped by 28.8 per cent from a year earlier, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut production. Refiners processed about 14.75 million tonnes or 3.60 million barrels per day (bpd) of oil last month, government data showed. The […]

Read more

Iron ore, finished fertilizers rescue Indian ports over declining coal cargo

Iron ore and finished fertilizers shipments have enabled major ports to tide over falling volumes in coal and other miscellaneous cargo. Iron ore shipped through major ports soared 39 per cent between April and January of this financial year. Growth in the finished fertilizers cargo too was robust at 21.55 per cent. Thermal or steam cargo shipments plunged 14.98 per cent […]

Read more

Coal imports at 12 major ports down 15% to 75 million tonnes in April-Jan: IPA Report

As per a report by the Indian Ports Association (IPA), imports of thermal coal  at the country’s 12 major ports declined by 14.98 per cent to 74.60 million tonnes (MT) during April-January this fiscal. During previous fiscal, these Centre-owned ports had handled 87.74 MT of thermal coal. Imports of coking and other coal recorded a rise of 1.10 per cent at 47.08 MT during […]

Read more