Peru is poised to boost copper output as global demand outstrips supply Glencore, the commodities trader whose May initial public offering raised $10 billion, has just paid $475 million in cash to CST Mining Group for a 70% interest in Marcobre S.A.C., sole owner of...
Japan’s Chemical Reaction
Trade data captures disruptions in Japan’s organic chemicals exports In our last follow-up on Japan’s triple disaster in March (“Gauging Japan Disaster’s Impact”), we quoted Port of Long Beach spokesman Art Wong on the repercussions for container trade: “Ships take...
China’s LATAM Connection
China hitches its growth to emerging market economies The recent HVAC Online story (in which Datamyne stats are cited) on the heat-driven spurt in Colombian imports of Chinese mini split ACs reminds us again just how much and how quickly China has invested itself in...
China Beckons GMOs
Sinochem and Monsanto talk about joint venturing Sinochem, China’s state-owned chemicals conglomerate and top exporter, and Monsanto, the US-based provider of agrochemicals and biotechnology aimed at increasing farm productivity, are reported (by the Wall Street...
Skip the Long Lines
International passengers: follow me to clear US Customs quickly by Peter Quinter, guest columnist Have you heard of the Global Entry program operated by US Customs and Border Protection (CBP)? If you are one of the 100,000 US citizens or permanent residents who are...
Pitch in Korean
Here’s an opportunity to reach a US (pending) FTA partner Commercial News USA, the Department of Commerce export promotion magazine, has a special offer for exporters: buy two ads and get a third free plus get a free listing ad translated into Korean in an online...
Whisky to Flow Freely
And that’s not all as FTAs come into force July 1 Here’s a new take on the classic UK-centric newspaper headline, “Fog in Channel. Continent Cut off.” The BBC reports that “South Korea lifts Scotch whisky import barriers”. True, as far as it goes: Effective today, a...
Troubled Waters
Hurricanes, oil spills, and now flooding feed the dead zone The Gulf of Mexico’s “dead zone” is forecast to cover 8,500 to 9,421 square miles – an area the size of New Hampshire – this summer, surpassing the record set in 2002, reports the National Oceanic and...
China’s Alarming Record
More FDA inspections and access to results are called for A new report from Food and Water Watch reprises a lengthy list of Chinese import disasters, from melamine-contaminated pet food in 2007 to antibiotic-laced honey in 2010. The point of Decade of Dangerous...
Happier Returns
Carnets cut costs when your goods are only temporary exports by Bill Armbruster, blog anchor If you’re traveling internationally, you need a passport to get back home. Normally, if you’re shipping, it’s because you have sold the goods. But what if you’re shipping...