Exporters face losses on dollar forward contracts

MUMBAI: Many exporters who have sold their anticipated earnings in dollars in the future market are facing a crisis as they risk losing millions. While the market rate of the dollar has skyrocketed compared to the rate at which they were sold, the blockade has…

What happens when bread is scarce and grain exporters talk?

By Caroline Alexander and Agnieszka de Sousa When it comes to bread, the conversation can become politically charged very quickly. From the French Revolution to the Arab Spring, price increases and food shortages have fueled the conflict, toppled leaders and toppled regimes. Amid a pandemic…

Isfahan’s handicraft exports increase 27% to $ 40 million

TEHRAN – Exports of handicrafts from Isfahan province, which have long been home to talented artisans and craftsmen, reached $ 40 million during the past Iranian calendar year 1398 (ended March 20), showing annual growth of 27 percent. “According to statistics provided by the Isfahan…

Export growth in the last stages

Pakistan’s exports for 9MFY20 grew 2.2 percent on-year. Take screenshots. Because it may be a long time before growth and exports come together in the context of Pakistan. Stories of textile orders being canceled or put on hold are plentiful. The figures for April will…

Strong sorghum exports are seen

  According to domestic sorghum producers, export sales were strong again last week with 2.9 million bushels in commitments. China led these purchases, but Japan and Korea also contributed. Shipments were also strong, with total deliveries of 5.8 million bushels, mainly to China. Export bases…