The peso begins the session with a depreciation of 0.34% or 7.5 cents, trading around 21.84 pesos per dollar, in a partial correction to the appreciation of Friday of last week that brought the exchange rate to a level of 21.7408 pesos per dollar. Like the peso, other
Mexico will register pork exports of about 259,100 tons in 2020, which represents an increase of 47.5% year-on-year, according to estimates from the Ministry of Agriculture and Rural Development (Sader). Global pork imports continued to rise, driven mainly by higher imports from China, partially offset by declines elsewhere,
As part of the leadership in the Mexican mining sector, Sergio Almazán Esqueda was elected as president of the National Directive Council (CDN) of the Association of Mining Engineers, Metallurgists and Geologists of Mexico (AIMMGM) for the 2020-2022 biennium. Almazán served for several years as general director of
The Mexican Ministry of Economy will require automatic permits prior to steel exports corresponding to more than 60 tariff fractions starting next week. «In order to avoid triangulation in the trade of certain steel products between Mexico and the United States of America, it is necessary to implement
Mexico remained the leader among the world’s largest avocado exporters in 2019, according to data from the Food and Agriculture Organization of the United Nations (FAO). FAO estimates that global avocado exports will reach a new high of around 2.3 million tonnes in 2019, representing an expansion of
Several generators that supply energy to Coca-Cola FEMSA filed appeals against recent regulations issued by the Mexican federal government on renewable energy. In the context of the energy industry, the current Mexican federal government has publicly stated that one of its objectives is to strengthen the Federal Electricity