Page 19 - Import Export News Today

In March, South Korea's exports fell by 13.6% from the same period last year to $55.12 billion, marking the sixth consecutive month of decline.

In January 2023, China imported 2.36 million mt of copper ore and its concentrate, an increase of 12.14% month-on-month and a year-on-year increase of 12.67%.

From January to February 2023, China imported 4.64 million mt of copper ore and its concentrate, a cumulative increase of 11.01% year-on-year.

In February 2023, China imported 2.28 million mt of copper ore and its concentrate, a rise of 2.09% year-on-year.

From January to February, a total of 31,893 excavators were sold, a year-on-year decrease of 20.4%.

In January 2023, China imported 41,300 mt of copper concentrate from Panama, up 2.06% year-on-year and 2.29% month-on-month.

SMM believes that the conflict between First Quantum Minerals and the Panamanian government should be the most intense in January-February 2023, forcing the company to announce a force majeure notice to a Chinese trader for copper concentrate scheduled for February.

Six product categories - petroleum, crude oil; coal, coke; diamond, precious metals; chemicals, pharma, rubber, plastics; electronics; and machinery - account for 82 per cent of India's total merchandise imports.

SHANGHAI, Mar 28 (SMM) – Malaysia, Russia and Canada were the top three destinations of Chinese prebaked anode exports January-February 2023.

SHANGHAI, Mar 27 (SMM) - LME lead prices went up last week as the US dollar index softened after the Federal Reserve raised interest rates, while SHFE lead prices hovered sideways, sending the SHFE/LME lead price ratio lower.