Tag: Commodities

  • Jakarta Gold

    Indonesia’s trade ministry lifted the benchmark export price for gold again on 14 September, raising the effective duty burden on shipments to Singapore, Hong Kong, Switzerland, Thailand and mainland China for the second half of the month. Jakarta, 16 September 2026 Indonesia’s Ministry of Trade has raised the benchmark export price used to calculate duty…

  • Copper Peaks

    Record prices, record Congolese imports and a looming customs deadline put US copper tariff policy at the center of global metals markets WASHINGTON, September 9, 2026 Copper has never been more expensive, and the reason has less to do with mines than with Washington. The benchmark three month copper contract on the London Metal Exchange…

  • Wheat Duty Halt

    Russia suspends its floating export duties on wheat, barley, and corn through the end of 2026 as attacks on Black Sea ports strangle the world’s largest wheat export machine, with global grain markets repricing the risk MOSCOW, September 8, 2026 Russia is dismantling, at least temporarily, one of the most consequential taxes in global agriculture.…

  • Grain Duty Cut

    Moscow trims wheat and corn export duties for early September and weighs a full moratorium through year-end as Black Sea attacks choke Russia’s grain gateway and prices sink below 100 dollars a tonne By the International Trade Desk, Peacock Tariff Consulting MOSCOW, Aug. 31, 2026. Russia’s Agriculture Ministry announced on Friday, August 28, a fresh reduction…

  • Grain Duty Dip

    Russia cut its floating export duties on wheat and corn for the week of Sept. 2 to 8 and held barley at zero, a small mechanical adjustment that lands in the middle of the worst Black Sea logistics crisis Russian grain trade has faced. MOSCOW, Sept. 1. Russia’s Agriculture Ministry lowered the floating export duties…

  • Diesel Lockout

    Russia’s decision to keep its refiners locked out of export markets for another month deepens a global diesel squeeze that has already sent futures to record premiums and left Turkey, Brazil and North Africa scrambling for replacement barrels. MOSCOW, Sept. 1: Russia’s government has extended its ban on diesel exports by producers through September 30,…

  • India Gold Peg

    India’s customs board has trimmed the benchmark import value it uses to tax gold even as bullion trades near record highs, while nudging up the floor prices applied to palm oil, soybean oil and brass scrap in the latest turn of its fortnightly valuation cycle. NEW DELHI, Sept. 1: India’s Central Board of Indirect Taxes…

  • SA Sugar Wall

    South Africa has raised its sugar import duty by roughly 44 percent after lifting the dollar-based reference price to $785 per ton, erecting a higher tariff wall around the entire Southern African Customs Union in a bid to halt an import surge that has grown more than seventy-fold in four years. JOHANNESBURG, Sept. 1: Importers…

  • Sugar Rush TRQ

    India’s first duty-free sugar import window in nearly a decade is already being rewritten on the fly, as tumbling domestic prices threaten to leave half the quota unused. NEW DELHI, August 25, 2026 Five days after New Delhi threw open its first duty-free sugar import window since the 2017-18 season, the program is simultaneously working…

  • SACU Wheat Cut

    Southern Africa’s customs union has scrapped its wheat import duty entirely, dropping the tariff from R153.70 per tonne to zero after world prices surged, and the region’s grain producers say the system that delivered the cut is broken. PRETORIA, August 9, 2026. The Southern African Customs Union has eliminated import duties on wheat and wheaten…