Tin costs will doubtless stay elevated for the remainder of this yr as Myanmar’s Man Maw mine is but to be reinstated and exports from Indonesia have been disrupted throughout the January-June interval, specialists say. The value of tin, a white soft-silvery steel utilized in soldering, for plating metal cans and in bearings, has elevated … Read more
India is in consultations with Indonesia on the WTO on the latter’s proposal to increase safeguard duties on import of ceramic tile merchandise from November, this yr, for an additional two years, as it might additional hit Indian exports of the merchandise to the island nation, sources have stated. “India has requested for consultations with … Read more
Any achieve in palm oil costs will possible be capped by hopes of a big soyabean crop, weaker smooth oil costs and muted demand in China. Nevertheless, biodiesel insurance policies to incorporate palm oil by producing nations akin to Malaysia and Indonesia may forestall any sharp fall in its costs, analysts stated. “Within the quick … Read more
The Indonesian Tourism Ministry hopes to double Indian vacationer arrivals to 1.2 million in 2024 with extra flights and a proposed visa-free entry scheme. Final yr, Indonesia obtained 11.7 million vacationers from world wide, which was 98 per cent increased in comparison with 2022. This included 6,10,000 Indian residents. Indian arrivals in 2023 had been … Read more