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Cotton market remains range-bound

24/03/2009

KARACHI: The Karachi cotton market went through a correctional phase on lower demand and shrinking volumes while trading activities remained range-bound as buyers focused on fine lint amid firm physical prices during the week, traders at the KCA said Saturday

WTO to rule on Thai-US dispute over plastic bags

24/03/2009

GENEVA (AFP) — The World Trade Organization on Friday said it would rule on a trade dispute between Thailand and the United States over anti-dumping measures applied by Washington against Thai plastic bags.

Tyre imports threaten rubber market

23/03/2009

Kottayam: Apart from demand-supply relations, factors such as crude oil prices, futures trading, and weather changes control the rubber market. Now, one more threat most likely to affect the domestic market is looming large — the large-scale import of tyre into the country, Sajen Peter, Chairman, Rubber Board, told Business Line.

Trade protectionism against China increasing

23/03/2009

China is likely to become the main victim of rising trade protectionism against the backdrop of the worsening financial crisis, a top government think-tank cautioned.

The danger of rising economic nationalism

23/03/2009

If several countries retaliate by adopting their version of the US’ ‘Buy American’ stance, global trade volumes could spiral downward, turning the recession into a full-blown Depression. Such virulent nationalism needs to give way to globalisation for the benefit of mankind, says ALOK RAY.

Indian industries beg for protection

23/03/2009

Industries from chemicals to textile yarn are working to convince Delhi that the country needs to take a more protectionist tack. Jayanta Dey / Reuters

CISA proposes to lift steel export rebate

23/03/2009

It is reported that CISA is reported to have held a production and management meeting for a part of executive director companies on March 13th.

Mexico to slap additional tariffs on 90 US products after cancellation of trucking program

20/03/2009

Mexico said Monday it will increase tariffs on about 90 U.S. products in retaliation for last week's decision to end a pilot program that allowed some Mexican trucks to transport goods in the United States.