TRADE AND COMMODITIES

by solerm — last modified Jul 03, 2009 04:46 PM

China to toe line on ore: CHINA is set to agree to iron ore price decreases similar to those agreed by Asian rivals, according to Barclays Capital.
Streamlined exports part of $40m plan: THE FEDERAL Government will spend $40m to streamline export procedures for Australia’s agricultural industries.
Production to increase 25% by 2011: MORE than 430m tonnes of new iron ore production capacity is predicted to come on stream between 2009 and 2011, according to the United Nations Conference on Trade and Development (Unctad).
CBH revises ship system: AFTER MONTHS of customer consultations, CBH Group had finalised a revised shipping allocation for the movement of grain to Western Australia’s ports, Australia’s biggest grain handler said last week.
Kwinana coal exports reach record: The KWINANA Bulk Terminal at Fremantle Ports exported its one millionth tonne of coal to China and India last month, the port said. The 1m tonnes of coal used 25 ships, averaging 40,000 tonnes per ship, bulk business manager Mark Pearce said.