Imports of copper, paperboard, RBD likely to decline on stringent ‘rules of origin’

India’s imports of copper, RBD (refined, bleached and deodorised) palmolein, paper and paperboard are likely to decline in the coming quarters due to stringent norms being put in place on the ‘rules of origin’ to check undue dumping of these commodities under Free Trade Agreements (FTAs) from non-producing countries. Sharp increases in the import of copper, RBD palmolein, paper […]

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India’s paper industry urges government to firm up an industrial plantation policy

Paper manufacturers in India have asked for a comprehensive industrial plantation policy given an increasingly severe shortage of raw materials at mills and a growing demand for paper products. Currently, most paper mills source raw material in the form of trees and plants from plantations owned by farmers since regulations don’t allow industry ownership. Last week, minister […]

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U.S. workers urge WTO to not grant China market economy status

The United Steelworkers union, which represents hundreds of thousands of workers across several sectors, is opposing moves to grant China a market economy status, saying it would devastate American producers and workers. “Given that the last review of China’s status as a non-market economy occurred in 2006, today’s request is most appropriate. While more than a decade has […]

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Morning masala

Here’s what others are saying this morning: Asia stocks head for weekly loss as commodity rout saps confidence Asian shares edged higher on Friday but remained on track for a weekly loss as lower crude prices kept markets on edge after a broad rout in commodities heightened fears about receding global growth. U.S. crude oil […]

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