Tag: import policy
-
Nigeria to Shut Rice Import Windows: Policy Reform Aims to Shield Farmers
Policy shift targets Nigeria’s rice market after data review Nigeria is moving to shut down its rice import windows following a comprehensive national policy review. Officials say the new direction is aimed at aligning imports with domestic production realities, curtailing a surge of imported rice that has undercut local farmers and deepened their losses. The…
-
U.S. Inflation Likely Hit 18-Month High in November as Tariffs Bite
Overview: Inflation on the Rise in November U.S. consumer prices were expected to climb at their fastest annual pace in about 18 months in November, a signal that affordability pressures persisted for American households. Economists cited a mix of factors, with import tariffs playing a notable role in pushing prices higher for a broad range…
-
Pakistan’s Gold Market Faces Persistent Volatility
Overview: Persistent volatility in Pakistan’s gold market Pakistan’s gold market continues to swing unpredictably, with traders reporting sharp price movements and little sign of stabilization. A complex mix of global bullion dynamics and domestic policy changes is driving the volatility, creating challenges for retailers, investors, and consumers alike. Global factors: The pull of international bullion…
-
SRA Halts Molasses Imports to Stabilize Philippine Prices
Background: Why the import ban was issued The Sugar Regulatory Administration (SRA) has announced a temporary moratorium on molasses imports under MO No. 1, effective immediately and lasting through December 31, as it conducts a policy review aimed at aligning local production with user needs and market realities. As of August 31, imports for the…
-
SRA Extends Molasses Import Moratorium Through 2025
What the moratorium does The Sugar Regulatory Administration (SRA) announced a moratorium on the importation of molasses through the end of 2025. The move, enacted after the Sugar Board issued Molasses Order No. 1 on September 30, aims to balance the interests of local sugarcane byproducts producers and molasses users while policy reviews are conducted.…