Nikith Jain’s Post

DGFT Incorporates Export Policy condition for export of Chitin, Chitosan, Chitosan Salts and Chitosan Derivatives [Read Notification] #dgft #export #policy #condition #chitosansalts #derivatives #taxscan #taxnews Read More: https://lnkd.in/gydKUxaD

China's Ministry of Commerce is cracking down on U.S. Propionic acid imports, imposing anti-dumping measures to protect local producers. Stay informed with Market News and get the latest updates on this development and more with Kemiex! Link in the comment! #ChinaMinistryOfCommerce #ChinaTrade #AntiDumping #TradeRelations #PropionicAcid

#TeamSPB takes a look at the action taken by the US melamine producer Cornerstone, who recently filed antidumping and countervailing duty petitions against melamine imports from numerous countries that claimed to be (a) dumped – i.e., sold into the US at less than fair/normal value prices, and (b) government subsidized. Find out what countries are involved and key dates in the investigation ➡️ https://bit.ly/4bJs1oE #InternationalTrade | #AntiDumping

🌎 Are you ready for EU CBAM? UK exporters of goods in high-emission sectors such as iron and steel, cement, aluminium, fertilisers, electricity, and hydrogen are now required to supply actual emissions data to EU importers as part of CBAM compliance. Learn more 👇 https://ow.ly/raWH50TUoaP #CBAMReady #UKExporters #CarbonCompliance

BMD experienced a decline following industry data indicating reduced exports from Malaysia despite increased output. The outlook for palm demand appears bleak, suggesting the possibility of further decline. 17th May 2024 #India #BMD #Malaysia #Indonesia #Pakistan #China #edibleoil #vegetableoil #trading #Commodities #commodity #strategy #Trading

EC announces preliminary stage antidumping probe into US-, Egypt-origin #PVC imports | https://okt.to/osZ8Vm *Probe considers US, Egyptian imports from Oct 2022-Sep 2023 *AD on US, Egyptian producers range between 58%-100.1%

🚨 CBAM: Important Update for Importers on CBAM as of October 1, 2024! Last year, 1 october 2023, the EU’s Carbon Border Adjustment Mechanism entered its transitional phase. The Regulation affects importers of steel, aluminum, cement, fertilizers, hydrogen and electricity. As of October 1, 2024, reporting will be required with real emissions data for the third quarter of 2024, with default values only allowed for up to 20% of the report. What does this mean for you as an importer? Requesting emission data from production facilities: Real emission data is required for reporting CBAM goods Compliance: Ensure your reporting is timely and accurate. Support: At Van der Helm, we understand that these new requirements can be complex and challenging. As your logistic partner and specialist in customs formalities, we are here to support you. Do you have questions on the potential impact of CBAM on your organization? Or do you have questions regarding CBAM-reporting? Please feel free to contact one of our specialists! 💼🌍 📞 Contact: cbam@vdhelm.com  🌐 Website: https://lnkd.in/dcENCEp Together, we ensure your business remains compliant and ready for the future. 💼🌍 #VanDerHelm #Logistics #CBAM #Import #Compliance #EURegulations #CarbonEmissions #SupplyChain #FitFor55

Still struggling to log in to the #CBAMTransitionalRegistry? The European Commission is giving companies who are experiencing technical difficulties with their declaration another 30 days to submit their first report. https://lnkd.in/ga-a2q3v #CBAM #TransitionalRegistry #import #importexport #distribution #aluminium #stainlesssteel

🗓On August 15, 2024, 🇨🇳China implemented #export controls on #antimony and related products. 🧐From the effective date, antimony and related products, including metal antimony, antimony hydride, antimony ore and raw materials, related technologies and equipment, etc. cannot🚫 be exported without government review and approval. 🔎How to export these items❓👉Click here to know: https://lnkd.in/gWaECVHE #export #antimony #ChemicalManagement

The 🇧🇷 #Brazilian chemical industry lobbying group, #Abiquim, has proposed a #tariff on #ammonium_nitrate #imports, requesting to raise the #tax on ammonium nitrate from zero to 15%. The organization's president, Andre Cordeiro, also proposed an average tariff of 11% on more than 60 other imported #chemicals. Abiquim's request is still awaiting review by the Ministry of Development and Trade. The request highlights the broader impact of #Western_sanctions on #Russia, with the group stating that Western sanctions on Russia ultimately support #Asian exporters by providing cheap #natural_gas, which is used as both a raw material and fuel to manufacture #fertilizers. Critics of the ammonium nitrate tax (also used in explosives) argue that the tariff will affect about 90% of domestic consumption, as #Brazil essentially relies on import supplies. Trade data shows that the country imported 1.1 million tons of #ammonium #nitrate last year, 84% of which came from Russia. According to data from the São Paulo #Fertilizer Group (#Siacesp), as of May this year, the country's #import volume was 629,500 tons, while the national production was 64,143 tons. In an interview, Andre Cordeiro stated that at a time when the domestic #chemical industry's utilization rate has fallen to its lowest level in 30 years (averaging 64%), the temporary tariff will provide a fair competitive environment for imported products. #AmmoniumNitrate Click below ⬇ to find out more of the global market trends. https://lnkd.in/gUHQ_VNj