Import/Export Industry Notifications
30 January 2021
THE LOADSTAR | COVID-19 restrictions causing bottlenecks, but some air cargo carriers carry on
30 January 2021
A new COVID-19-driven bottleneck has affected China's supply chain: a severe shortage of truck drivers and air routes disrupted by crew restrictions.
30 January 2021
THE LOADSTAR | Fears after the post-Brexit regime that may lead to trailer shortage and higher rates
30 January 2021
Post-Brexit regulations generate fears of the increasing fright rates and trailer shortage that could resemble those seen across ocean container supply chains.
30 January 2021
FNB NEWS | FSSAI modifies rules regarding enforcement of limits for trans fatty acid in veg oils
30 January 2021
The Apex food regulator orders for a few modifications in the rules regarding the maximum limit of trans fatty acids in vegetable oil, fats products under the recently notified FSS-Food Products and Food Additive -10th Amendment Regulations.
30 January 2021
ET | Commerce Ministry recommends imposing anti-dumping duty on Chinese chemical
30 January 2021
The commerce ministry has suggested imposition of anti-dumping duty for five years on a Chinese chemical used in dye and pharma industries to guard domestic players from cheap imports. The Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding in its probe that '1-phenyl-3-methyl -5-pyrazolone' from China has been exported at dumped prices into India, which impacted the domestic industry.
29 January 2021
TOI | India could unveil plan to boost oilseeds output, cut vegetables
29 January 2021
India may announce a five-year plan to cut expensive vegetable oil imports, which is worth $10 billion per annum in next week’s budget, by offering farmers financial incentives to switch oilseeds from grains. Three senior government officials said.
29 January 2021
THE HINDU | Pepper growers wary of increasing imports
29 January 2021
Pepper growers in India are becoming wary of the increasing imports especially from Sri Lanka vis-a-vis other pepper-producing countries.
29 January 2021
THE HINDU | Textiles Committee signs MoU with Japanese organisation
29 January 2021
The Textiles Committee, Ministry of Textiles, and Nissenken Quality Evaluation Centre, Japan, have signed a Memorandum of Understanding to make sure the quality of textile and clothing exports to Japan is as specified by Japanese buyers.
29 January 2021
SHIPPING WATCH | Massive congestion in Long Beach is the wild card in the container sector
29 January 2021
Enormous bottlenecks outside of the US ports in Long Beach and Los Angeles represent a wild card in terms of when the red-hot container market will cool down again. Close to 30 container ships are currently queued outside of the terminals on the US West Coast, waiting for berth spots.
29 January 2021
FINANCIAL EXPRESS | Budget 2021: Govt may raise import duties on auto parts, electronics and electrical items
29 January 2021
The upcoming Budget will probably increase customs duties on several dozen products, including certain electronics and electrical items and auto parts, as the government steps up focus to enhance local manufacturing and curb sub-standard, non-essential imports. But the hikes are likely to cover imports of a few billion dollars only or a tiny fraction of the country’s annual imports ($475 billion in FY20).
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