The World Trade Organization (WTO) Merchandise Trade Barometer stood at 84.5, which is 15.5 points below the benchmark value of 100 for the index and a decline of 18.6 points year-on-year. This is generally consistent with the WTO’s June trade forecast update, which estimated an 18.5% drop in
Tubos de Acero de México (TAMSA) managed to get Mexico to renew the countervailing duties for dumping on imports of solar accessories from China. In a resolution published this Wednesday in the Official Gazette of the Federation (DOF), the Ministry of Economy declared the administrative procedure for examining
The peso begins the session with an appreciation of 0.24% or 5.3 cents, trading around 22.11 pesos per dollar, although a mixed performance is observed between the main crosses of the dollar. The dollar weighted index lost for the sixth consecutive session, but only 0.03%, a sign that
ALFA announced that its subsidiary Newpek LLC (Newpek) divested all of its assets in Texas, including wells and leases in the Eagle Ford Shale (EFS) and Edwards Shale (Edwards) formations. Newpek transferred its Texas assets to Ensign Operang LLC (Ensign) and Reliance Eagleford Upstream Holding LP (Reliance) in
The HR Ratings Agency observed pressure on Grupo Lala’s cost of sales, with an increase of 2.3% compared to the base scenario. This increase is the result of higher production costs in Mexico, the increase in raw material prices in Latin America and an effect of the exchange
Customs officials identified and recovered 9,399 items in 2019, according to data from the World Customs Organization (WCO). That amount represents a 59.5% decrease from the 22,462 items recovered in 2018. According to the WCO, this drop was mainly due to a particularly large seizure of 10,000 coins