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India's Crude Oil Imports: Key Importers, Data, and Global Impact
India is the third-largest crude oil importer in the world, underscoring the nation’s reliance on foreign oil to meet its growing energy needs. As a rapidly developing economy, India requires vast amounts of energy, with crude oil playing a significant role in powering its transportation, industrial, and domestic sectors. The sheer scale of crude oil import in India places it among the top global players in energy consumption, and this dependence on imports has a substantial influence on both domestic and international markets.
This article delves into the dynamics of India crude oil imports by country, explores the crude oil importers in India, and provides a deep dive into India's crude oil import data. Understanding these facets will help provide a comprehensive picture of India’s energy landscape and its role in the global oil market.
Crude Oil Import in India: An Overview
Crude oil import in India has grown steadily over the past few decades. According to the Ministry of Petroleum and Natural Gas, India imports about 80-85% of its total crude oil needs, making it one of the most significant players in the global oil market. In recent years, geopolitical factors, fluctuating oil prices, and energy security concerns have shaped India's approach toward crude oil imports.
India's increasing urbanization and industrialization have intensified its energy demand. With renewable energy sources still in developmental phases, the need for fossil fuels remains dominant. As a result, India looks to countries across the globe to supply its crude oil needs, ranking it among the top 10 crude oil importing countries.
India's Crude Oil Imports by Country
India sources crude oil from a wide array of nations. The Middle East remains the predominant supplier, but India has diversified its oil import partners in recent years to mitigate the risks associated with over-reliance on a single region. The list show India crude oil imports by country
1. Saudi Arabia
Saudi Arabia has traditionally been one of the largest suppliers of crude oil to India. Its close proximity, established trade routes, and significant production capacity make it a reliable partner in meeting India’s energy needs.
2. Iraq
In recent years, Iraq has emerged as a key player, often overtaking Saudi Arabia as the leading supplier. With favorable pricing and high-quality crude oil, Iraq plays a crucial role in India's energy strategy.
3. United Arab Emirates (UAE)
The UAE is another major player in the Middle Eastern oil market and has strong trade relations with India. As part of the broader economic ties between the two nations, the UAE regularly supplies crude oil to Indian refineries.
4. United States
In recent years, the United States has become a significant supplier of crude oil to India. This is a result of increased oil production in the U.S. due to advancements in shale technology. India sees the U.S. as a crucial partner in diversifying its oil imports and ensuring energy security.
5. Nigeria
Nigeria is the leading African supplier of crude oil to India. The light, sweet crude oil from Nigeria is highly sought after due to its low sulfur content, which makes it easier to refine.
6. Russia
In recent years, Russia has become a more important supplier of crude oil to India. Although logistical challenges remain, India views Russia as a key player in its diversification strategy.
Top 10 Crude Oil Importing Countries
Globally, crude oil is one of the most traded commodities, and several nations rely heavily on imports to meet their energy needs. Apart from India, here are the top 10 crude oil importing countries:
United States: Despite being one of the largest oil producers, the U.S. still imports a significant amount of crude oil due to varying qualities of crude required by its refineries.
China: As the world’s largest oil importer, China sources crude oil from a wide range of countries, particularly in the Middle East and Africa.
India: India is the third-largest crude oil importer, sourcing oil from the Middle East, the U.S., and Africa.
Japan: Lacking domestic oil reserves, Japan relies heavily on imports to meet its energy demands.
South Korea: South Korea is another major oil importer, depending largely on Middle Eastern suppliers.
Germany: Germany imports crude oil to fuel its industries, and its primary suppliers include Russia and Norway.
Netherlands: A major hub for oil refining and trade in Europe, the Netherlands imports a significant amount of crude oil.
Italy: Italy relies on imports, primarily from North Africa and the Middle East, to meet its energy needs.
Spain: Spain imports crude oil from regions such as North Africa and Latin America to power its economy.
France: France imports crude oil mainly from the Middle East, Africa, and Russia.
Biggest Crude Oil Importers in India
India’s crude oil market is characterized by several key importers that play a vital role in managing the nation’s energy supplies. The biggest crude oil importers include public sector undertakings such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL). These companies manage a large share of India’s crude oil imports, refining capacity, and distribution network.
Additionally, private companies like Reliance Industries and Nayara Energy are significant importers of crude oil, operating some of the world’s largest refineries. Reliance’s refinery in Jamnagar is one of the largest single-location refineries globally, processing a large portion of India’s imported crude oil.
India's Crude Oil Import Data: A Snapshot
To understand the scale of India's crude oil imports, it is essential to look at the available data. In the fiscal year 2022-2023, India imported approximately 220 million metric tons of crude oil. The value of these imports fluctuates based on global oil prices but is consistently a significant part of India's trade deficit.
The diversification of supply sources, especially from regions like Africa and the U.S., has become increasingly important. India aims to reduce its dependency on any single region while continuing to secure favorable trade deals.
Conclusion
India’s crude oil imports are pivotal to its energy security and economic growth. As one of the biggest crude oil importers in the world, India has built strong relationships with suppliers across the globe, from the Middle East to the U.S. and Africa. The future of crude oil importers in India will be shaped by geopolitical factors, advancements in energy technologies, and India's evolving energy mix. Diversifying its supply sources and exploring alternatives to crude oil will remain critical to India’s energy strategy in the years to come. However if you need detailed report on India's crude oil import data, or crude Hs code mconnect with ExportImportData.in.
Also Read: Understanding Top Exports of Turkey in 2024: Key Insights
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The NY Times
By Johanna Lemola and Lynsey Chutel
A day after the Finnish authorities seized an oil tanker suspected of severing vital undersea cables, NATO said on Friday that it would step up security in northern seas and the European Union threatened new sanctions against Russia amid growing concern about a covert campaign to sabotage European infrastructure.
The authorities in Finland said they had confiscated material from onboard the ship, the Eagle S, an aging oil tanker registered in the Cook Islands in the South Pacific. The vessel is being held under police and naval guard in the Gulf of Finland, the police said on Friday.
The authorities said the tanker might be part of Russia’s “shadow fleet,” which President Vladimir V. Putin has used to circumvent Western-imposed sanctions on Russian oil exports and to conduct acts of sabotage.
The five cables, including a cable that carries power from Finland to Estonia, as well as four other cables carrying data were damaged before the tanker was seized on Thursday. An analyst said the use of such tankers to intentionally sabotage European infrastructure would be an unusual escalation by Russia.
How did the seizure unfold?
Finland’s energy grid operator, Fingrid, alerted the police that an undersea power cable, Estlink 2, had been damaged on Wednesday. The power company had no idea what happened, but police officials suspected that it followed a pattern of similar incidents in the last year.
Moving quickly, the Finnish Police said they teamed up with the Finnish Border Guard, forming a special unit to investigate a ship they suspected of cutting the cable: the Eagle S.
After midnight on Thursday, lowered by military helicopters, the special unit boarded the ship, the police said. The Finnish officers took over the bridge and prevented the ship from sailing further. Officers then collected material and interviewed the ship’s captain and crew members, who were cooperative, the police said.
Soon afterward, leaders in Finland and Estonia said they believed that the cables were likely cut in an act of sabotage.
“If three similar incidents happen within a year, it can’t be a coincidence or accident,” Alexander Stubb, Finland’s president, said on Friday.
As the investigation continues, the ship remains under guard. As a Finnish Defense Forces missile boat and a Border Guard patrol vessel guard the ship, officers from the National Bureau of Investigations and other security authorities inspected the craft. Finnish customs authorities have also seized the ship’s cargo of fuel.
The Estonian Defense Forces said its navy had stepped up patrols around the remaining Estlink 1 cable to secure the energy connection to Estonia from Finland. The Estonian Navy is cooperating with its Finnish counterpart and the existing NATO naval mission in the region.
What do we know about the ship?
The Eagle S is a 70,000-ton crude oil tanker that is more than 750 feet long, according to shipping data. The condition of the ship, which was built in 2006, has raised safety concerns. In July, Lloyds List, a London-based maritime analytics company, raised concerns over the vessel’s safety record. The ship, the report said, was part of a fleet of 24 aging vessels all flying a Cook Islands flag, with opaque ownership structures.
The Eagle S is managed by Peninsular Maritime, a company based outside Mumbai, India. The company manages seven other vessels. A staff member not authorized to speak to the media said the Finnish authorities had not communicated with the company about the episode. The ship’s captain was complying with the investigation and had communicated with Peninsular Maritime headquarters, the staff member said.
The Eagle S is owned by Caravella, a shipping company based in the United Arab Emirates that specializes in transporting oil and gas, according to the company’s website. The company did not respond to a request for comment.
“It’s a sanctions evader, it’s really dangerous, it’s just a piece of rust bucket floating junk of steel,” said Michelle Wiese Bockmann, a principal analyst at Lloyds List who compiled reports on the Eagle S.
In September, the vessel transferred its shipping class to the Indian Register of Shipping from the American Bureau of Shipping, an oversight organization that monitors maritime safety standards, according to its database.
The shift may have been intended to avoid further scrutiny after the American bureau planned to investigate the Eagle S, Ms. Wiese Bockmann said.
Lauri Läänemets, Estonia’s interior minister, said it would be “naïve” to think that three incidents since October 2023 “could be merely a coincidence.”
“We know about Russia’s shadow fleet operating in our area, and we know Russia is systematically conducting hybrid warfare against its neighboring NATO/EU countries,” Mr. Läänemets said in an emailed comment to The New York Times. “It’s time to drop the illusions and face it: In the context of hybrid warfare, we must not only focus on military threats but also consider hybrid threats.”
What is Russia’s shadow fleet?
After Mr. Putin ordered the full-scale invasion of Ukraine in February 2022, the European Union and its allies responded by imposing price caps on Russian oil transported by sea. The aim was to hobble Russia’s ability to finance its war effort by curbing revenue from its oil and gas sector.
To skirt the restrictions, the Kremlin invested billions of dollars in a fleet of mostly unmarked tankers not easily traced to Russia. These fleets, described as shadow, dark or gray fleets, employ all sorts of tactics to avoid detection or hide their true origin.
Now, nearly 70 percent of Russia’s oil is being transported by so-called shadow tankers, according to an analysis published in October by the Kyiv School of Economics Institute, a Ukraine-based think tank.
Many sail under the flags of other nations, like the Central African country of Gabon, and sell fuel to buyers in countries like India and China, which are not bound by the price cap. Vessels have also been known to jam their signals to hide their location.
The tankers’ ownership is also shifted from Russian companies under sanctions to new entities, which are often shell companies with opaque ownership, according to research by the European Commission.
The fleet also relies on ship-to-ship transfers, transferring liquid bulk cargo from one vessel to another in open waters. The transfer creates a huge environmental risk, which is exacerbated by the dilapidated ships, said Ms. Wiese Bockmann, of Lloyds List.
Still, this may be the first time a ship that is part of this shadow fleet has been taken into custody over suspected sabotage, Ms. Wiese Bockmann said.
How have NATO members responded?
Finland, which joined NATO in 2023, quickly called on its allies. Both Finland and Estonia asked NATO to beef up its security in the area to counter sabotage.
A stronger NATO presence in the Baltic Sea, especially around critical infrastructure, would support smaller states who now shoulder the burden of repairing European infrastructure after acts of sabotage like this, Finland’s president, Mr. Stubb, said.
The episode underscores growing insecurity in the Baltic Sea, with repeated incidents of severed cables, as well as reports of Russian oil tankers flying under different flags to avoid European Union sanctions.
“NATO will enhance its military presence in the Baltic Sea,” Mark Rutte, NATO’s secretary-general, said on social media. After a call with Mr. Stubb, Mr. Rutte also said NATO would support the Finnish-led investigation.
The European Commission, condemning the destruction of infrastructure and suspected actions by Russia, said it would propose targeted sanctions on Russia’s shadow fleet.
“The suspected vessel is part of Russia’s shadow fleet, which threatens security and the environment, while funding Russia’s war budget,” the commission said in a statement. “We will propose further measures, including sanctions, to target this fleet.”
https://www.nytimes.com/2024/12/27/world/europe/finland-ship-russia-sabotage.html
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Comprehensive Guide to Export and Import Data for India
India, a major player in global trade, consistently witnesses growth in its import and export activities. The availability of accurate export and import data is crucial for businesses to make informed decisions. Leveraging insights from reliable data sources can significantly enhance trade strategies and market understanding. In this article, we explore various aspects of India's export-import data, discuss the significance of shipment data, and highlight trusted providers, such as ExportImportData.in.
What is Export-Import Data?
Export-import data encompasses detailed records of goods traded between countries, providing insights into the commodities, trade volumes, values, and shipment details. In the context of India, export-import data India offers a granular view of trade activities, helping stakeholders analyze trends and identify lucrative opportunities.
Why is Export-Import Data Important?
Market Analysis: By studying India’s import-export data, businesses can gauge market demand and supply dynamics.
Competitor Analysis: Access to shipment data helps identify competitors' activities, including their sourcing and distribution strategies.
Strategic Planning: Companies can optimize their trade routes, pricing strategies, and product offerings.
Compliance: With insights into Indian customs regulations and HS codes, businesses can ensure seamless international transactions.
Key Features of Export-Import Data
Product-Level Details: Includes HS codes, product descriptions, and unit quantities.
Country-Wise Trade Analysis: Breakdowns of India’s imports and exports by country.
Shipment Information: Data on shipping ports, transport modes, and dates.
Buyer-Seller Details: Information on global buyers and Indian suppliers/exporters.
Major Components of India’s Trade Data
Indian Export Data
Indian exports contribute significantly to the economy, with major categories including:
Textiles and Apparel: A substantial portion of Indian exports.
Agricultural Products: Spices, rice, tea, and other staples.
Technology and IT Products: Software exports and hardware components.
Indian Import Data
Imports are equally vital for India, addressing domestic demand for raw materials and luxury goods. Key import categories include:
Crude Oil and Petroleum: Essential for energy needs.
Electronics and Machinery: Sourced to fuel industrial growth.
Precious Metals: Gold and diamonds for the jewelry sector.
Trusted Sources for India’s Trade Data
For accurate and actionable insights, businesses turn to reliable Import Export Data Provider. One such platform is ExportImportData.in, which offers comprehensive databases, including:
Indian Trade Data: A consolidated view of all export and import transactions.
Shipment Data: Detailed records of goods transported.
Exim Data: A holistic snapshot of Indian trade activities.
Benefits of Using ExportImportData.in
Accurate Information: Verified data from customs and other trusted sources.
Ease of Access: User-friendly tools for searching and filtering data.
Comprehensive Coverage: Coverage of all major Indian ports and trading partners.
Custom Reports: Tailored insights to suit specific business needs.
How to Use Export-Import Data for Business Growth
Identifying Market Opportunities
Businesses can explore India’s import-export data to identify high-demand products and potential export markets. For instance, trends in spice exports could guide agro-industrial ventures.
Understanding Competitor Strategies
Analyzing shipment data provides clues to competitors' supply chain strategies, helping businesses stay ahead in the market.
Enhancing Operational Efficiency
With data-driven insights, companies can streamline their logistics and inventory management, reducing costs and improving profitability.
Challenges in Analyzing Export-Import Data
While trade data offers immense value, businesses often face challenges such as:
Data Overload: Extracting relevant insights from vast datasets.
Dynamic Regulations: Keeping up with changing customs and trade policies.
Data Accuracy: Ensuring data reliability from third-party sources.
Overcoming Challenges with Expert Solutions
Platforms like ExportImportData.in address these challenges by providing:
Real-Time Updates: Ensuring up-to-date information.
Data Visualization Tools: Simplifying complex data analysis.
Dedicated Support: Assisting businesses with tailored solutions.
Key Features of ExportImportData.in
Search and Filter Options: Refine data by product, HS code, country, or port.
Interactive Dashboards: Visualize trade trends and patterns.
Multi-Industry Insights: Data for sectors like agriculture, manufacturing, and technology.
Custom Alerts: Notifications for new data or regulatory changes.
Applications Across Industries
Manufacturing
Manufacturers leverage trade data to identify raw material sources and optimize supply chains.
Agriculture
Exporters of agricultural products analyze India’s export-import data to understand global demand for crops and commodities.
Technology
Tech companies utilize shipment data to track imports of components and exports of finished products.
The Role of Shipment Data
Shipment data is a subset of export-import data, offering granular insights into:
Transport Modes: Air, sea, or road.
Port Details: Information about shipping and receiving ports.
Timelines: Tracking shipment durations and schedules.
Indian Trade Data: A Closer Look
India’s trade data reflects its growing influence in global commerce. Platforms like ExportImportData.in offer:
Year-on-Year Comparisons: Tracking growth patterns.
Country-Specific Insights: Trade relationships with top partners.
Commodity Trends: Monitoring changes in key product categories.
Conclusion
For businesses aiming to thrive in India’s competitive trade landscape, access to reliable export-import data is indispensable. Platforms like ExportImportData.in simplify the process by offering accurate, real-time, and actionable insights. Whether you’re exploring new markets, analyzing competitors, or optimizing operations, leveraging India’s trade data can unlock endless possibilities for growth and success.
#globaltrade#indiaexports#exportimportdata#dailyexportimportdata#exportimportdatabank#dailyimportexportdata
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Maldives import export data | Global import export data provider
Acquire the most precious Maldives import export data in a properly customized manner as per your requirements with visual graphs for a better understanding of the import export data. You can examine our sample of Global import export data provider by clicking the below link - https://eximtradedata.com/country-wise-maldives-import-and-export-data
More information about Top 5 Crude oil importers in India 2024 : https://globalimportexportdataprovider.blogspot.com/2024/10/top-5-crude-oil-importers-in-india-2024.html
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Comprehensive Guide to India Export Data and India Import Data
Global trade acts as the backbone of the modern economy, connecting countries and creating opportunities for businesses worldwide. India, as one of the fastest-growing economies, plays a pivotal role in global trade. To truly harness the potential of trade, understanding India export data and India import data is essential. This detailed guide explores the importance, trends, and practical applications of these data sets in today’s economic landscape.
What is India Export Data?
India export data provides detailed information about goods and services that India sells to other countries. This data encompasses everything from the type of product to the volume, value, destination country, and export timelines.
Key Features of Export Data:
Product Categories: Specifics about what goods are being exported.
Destination Countries: Insights into key markets for Indian exports.
Export Trends: Information about growth patterns over time.
Customs Data: Regulatory compliance and shipping details.
Export data is indispensable for businesses aiming to penetrate international markets, as it helps in identifying demand patterns and competitive pricing.
Top Exports of India
India is renowned for its diverse export portfolio, contributing significantly to its economic stability.
Key Export Items:
Engineering Goods: Machinery, tools, and electrical equipment.
Textiles: Cotton, garments, and synthetic fibers.
Pharmaceuticals: Generic medicines and bulk drugs.
Agricultural Products: Rice, spices, and tea.
In recent years, exports of software services and renewable energy technology have also witnessed rapid growth. These items bolster India’s economy, contributing around 20% to its GDP in 2023.
What is India Import Data?
While exports drive economic growth, imports cater to domestic demand by bringing in resources not readily available in the country. India import data is a comprehensive record of goods India buys from other countries.
Key Features of Import Data:
Product Details: Categories and subcategories of imported goods.
Supplier Information: Countries and businesses supplying these goods.
Trade Value: The cost of imports over time.
Port of Entry: Which ports are most active in import activities.
This data enables businesses to plan effectively and ensure a seamless supply chain.
Top Imports of India
India’s diverse imports reflect its growing economy and industrial requirements.
Major Imports:
Crude Oil: Vital for energy security and industrial production.
Electronics: Mobile phones, computers, and semiconductors.
Precious Metals: Gold and diamonds for the jewelry sector.
Machinery: Industrial tools and automated equipment.
The increasing demand for technological imports and renewable energy components showcases India’s transition to a more tech-driven economy.
Benefits of Analyzing India Export and Import Data
Understanding trade data isn’t just for statisticians—it’s a goldmine for businesses and policymakers alike.
Key Advantages for Businesses:
Identifying high-demand markets.
Monitoring competitors’ activities.
Spotting trends to stay ahead in the industry.
Advantages for Policymakers:
Formulating trade-friendly policies.
Addressing trade deficits strategically.
Enhancing bilateral and multilateral trade agreements.
Trade data isn’t just numbers—it’s the foundation of strategic decision-making.
Tools and Platforms for Accessing Trade Data
Accessing reliable imports data is essential for businesses, researchers, and policymakers. Fortunately, there are several platforms and tools available that make this process straightforward.
Online Platforms
Several private platforms specialize in delivering detailed trade data with additional analysis tools. Popular ones include:
Seair Exim Solutions: A marketplace providing insights into trade opportunities.
Exportimportdata.in: Offers detailed shipment and market data.
These tools provide a user-friendly interface, making it easier for businesses to derive actionable insights.
How Businesses Use Trade Data
India export data and India import data are essential tools for business growth. Here's how companies leverage this data:
Market Expansion Strategies
Businesses analyze export data to identify markets with high demand for their products.
Example: An Indian textile company may focus on European markets after seeing strong demand trends for cotton garments.
Supply Chain Optimization
Import data helps companies streamline their supply chains by identifying reliable suppliers.
Example: A smartphone manufacturer may source semiconductor chips from the most cost-effective suppliers based on import patterns.
Competitor Analysis
Trade data reveals competitors’ trade volumes and preferred markets, enabling strategic planning to outperform them.
These applications make trade data a cornerstone for competitive advantage.
Real-World Examples of Using India Export and Imports Data
Let’s take a look at some practical cases where trade data has made a significant impact:
Case Study: Pharmaceutical Industry
India’s pharmaceutical exports have seen exponential growth thanks to strategic use of export data. By targeting countries with high demand for affordable generic drugs, Indian companies like Sun Pharma and Dr. Reddy’s have captured large market shares.
Example: Electronics Import
India’s dependency on imported electronics, such as semiconductors, has highlighted gaps in domestic production. As a result, policymakers have initiated the “Make in India” program to boost local manufacturing.
These examples underscore how trade data can shape strategies for both businesses and governments.
Key Takeaways for Exporters and Importers
Success in international trade depends on leveraging accurate data and staying ahead of trends. Here’s what businesses should keep in mind:
Best Practices:
Use official and reliable sources for trade data.
Regularly analyze data to identify emerging markets or supplier opportunities.
Stay compliant with export and import regulations to avoid legal issues.
Pro Tips:
Invest in data analysis tools to simplify trade data insights.
Collaborate with industry bodies for market-specific insights.
By following these steps, exporters and importers can achieve sustained growth in a competitive market.
Conclusion
In today’s interconnected world, understanding India export data and India import data is crucial for making informed decisions. Whether you’re a business looking to expand globally or a policymaker crafting economic strategies, trade data provides invaluable insights into market dynamics. By embracing digital tools and staying informed about global trends, businesses and governments alike can unlock new opportunities in the ever-evolving trade landscape.
#India Export Data#Export Data India#Export data#India Import Data#Import Data India#Import data#Imports data
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HFT Secrets for USD/CAD: How to Trade Like a Pro Why USD/CAD Is the Forex Pair You Shouldn't Overlook When traders think of heavy-hitting currency pairs, EUR/USD or GBP/USD often steal the spotlight. But the USD/CAD pair? That’s where the stealthy action happens. Often referred to as the "loonie" (not just for the loon bird, but also for the adrenaline-pumping moves), this pair is an unsung hero in the Forex market. Combine it with high-frequency trading (HFT), and you’ve got a recipe for serious edge. High-frequency trading with USD/CAD may sound like rocket science, but it’s more like rocket fuel when done right. Here’s how you can sidestep the pitfalls and tap into this lucrative market niche. The HFT Revolution: Why It Matters for USD/CAD High-frequency trading isn’t just a buzzword; it’s a competitive playground dominated by algorithms faster than your morning coffee order. In the context of USD/CAD, where price movements often correlate with crude oil trends, applying HFT strategies can provide pinpoint precision. Key Takeaway: Many traders ignore the nuances of how commodity prices drive USD/CAD. Don’t be like them. Pro Tip: Oil and the Loonie Are Besties A 1% move in crude oil prices can send the USD/CAD soaring or plummeting. HFT systems tuned into commodity-related news spikes can capture these micro-volatility shifts. Think of it as catching lightning in a bottle – but you’re armed with lightning rods. Common Myths About HFT in Forex (And Why They're Wrong) Let’s bust a few myths, shall we? Because half the battle is knowing where NOT to trip up. - Myth: HFT is Only for Big Banks - Reality: Retail traders can use lightweight algorithmic tools. Platforms like MetaTrader 5 offer plugins that mimic institutional-level HFT capabilities. - Myth: You Need a Supercomputer - Reality: Cloud-based services like AWS or Google Cloud can provide scalable computing power at a fraction of the cost. No Batcave needed. - Myth: It’s Just a Fancy Name for Scalping - Reality: While scalping focuses on short-term trades, HFT is about leveraging speed and volume. It’s the difference between buying a bag of chips and owning the vending machine. Elite USD/CAD HFT Tactics You Need to Know 1. Arbitrage Opportunities Did you know USD/CAD often lags behind movements in crude oil futures? Exploit this delay using statistical arbitrage. Programs like R and Python’s Pandas library are perfect for setting up algorithms that track this. Ninja Move: Focus on platforms that offer direct market access (DMA) for faster execution speeds. Latency kills profits. 2. Order Flow Analysis Order flow is like peeking behind the curtain in The Wizard of Oz. It shows you why price is moving, not just that it’s moving. For USD/CAD, watch the volume spikes on Canadian GDP releases or U.S. crude oil inventories. Pro Tip: Use tools like Sierra Chart for real-time order flow visualization. Look for liquidity pools where your HFT bot can enter and exit without slippage. 3. Pairing News with Speed Economic news hits the USD/CAD hard. But by the time you’ve brewed your coffee, HFT algorithms have already executed a thousand trades. Platforms offering API access, like Interactive Brokers, allow you to program bots that react to keywords in milliseconds. Example: Create an HFT bot to monitor phrases like “Fed rate hike” or “Canadian unemployment rises” and execute trades based on sentiment analysis. Tech and Tools for HFT Trading - VPS for Low Latency: Invest in a virtual private server close to your broker’s servers to reduce execution time. - QuantConnect: Build custom algorithms and test them on historical data to refine your edge. - Tick Data Suite: For accurate backtesting on USD/CAD-specific scenarios. - Python Libraries: Libraries like NumPy and Scikit-learn help create predictive models for USD/CAD movements. Case Study: Turning $1,000 into $10,000 with USD/CAD HFT Meet Alex, a retail trader who used an arbitrage-based HFT strategy focused on USD/CAD’s correlation with crude oil. By programming a bot to trade during U.S. oil inventory announcements, Alex turned $1,000 into $10,000 in just six months. Key Lessons: - Start small and scale up. - Prioritize low-latency setups. - Diversify strategies to include order flow and sentiment analysis. How to Start Your HFT Journey Without Burning Out - Master the Basics: Understand USD/CAD’s unique behavior. Take a free course on Forex trading here. - Join a Community: Collaborate with traders in the StarseedFX community for daily tips and expert analysis. Check it out. - Test Without Risk: Use a demo account to fine-tune your algorithm before going live. - Keep a Journal: Use a trading journal to analyze what’s working. Try our free tool here. The Ninja’s Approach to USD/CAD HFT Mastering HFT with USD/CAD is like sharpening a samurai sword. It takes precision, strategy, and the right tools. Whether you’re capitalizing on arbitrage opportunities or leveraging the loonie’s love affair with crude oil, the key is preparation and adaptability. As with any trading strategy, risk management is non-negotiable. Treat your account like a rare gem: protect it, grow it, and let it shine. —————– Image Credits: Cover image at the top is AI-generated Read the full article
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Superabsorbent Polymer Prices Trend | Pricing | News | Database | Chart
The superabsorbent polymer market has gained significant attention in recent years, driven by its extensive application in industries such as hygiene, agriculture, and healthcare. Superabsorbent polymers (SAPs), known for their exceptional ability to absorb and retain large quantities of liquid relative to their mass, have become a vital component in products like diapers, sanitary napkins, and adult incontinence products. This increasing demand has brought about a dynamic pricing landscape, influenced by several global factors including raw material availability, supply chain disruptions, and regional market trends. In the past few years, fluctuations in the cost of acrylic acid, a primary raw material used in SAP production, have significantly impacted the pricing structure of superabsorbent polymers. Acrylic acid prices are sensitive to crude oil price changes, as it is derived from propylene, a petroleum-based product. Thus, any volatility in crude oil markets invariably affects the cost of SAPs, creating challenges for manufacturers and consumers alike.
Another important factor shaping the superabsorbent polymer market is the growing demand for sustainable and biodegradable alternatives. As environmental concerns rise and regulations on single-use plastics tighten, manufacturers are investing in developing eco-friendly SAPs. While these innovations present an opportunity to cater to a more environmentally conscious consumer base, they often come with higher production costs. This has led to a bifurcation in the market, with premium-priced sustainable SAPs coexisting alongside traditional, cost-effective options. The adoption of sustainable SAPs is particularly notable in regions like Europe and North America, where stringent environmental regulations and consumer preferences for green products drive the market. However, these regions also face higher production costs due to advanced manufacturing requirements and adherence to compliance standards, which reflect in the pricing trends.
Global trade dynamics also play a pivotal role in determining superabsorbent polymer prices. Asia-Pacific, being a major producer and consumer of SAPs, significantly influences global market trends. Countries like China, Japan, and South Korea are key players, with China leading in production capacity. However, geopolitical tensions, trade policies, and economic uncertainties can disrupt supply chains and create price volatility. For instance, trade restrictions or tariffs on raw materials and finished goods may increase production costs, subsequently driving up market prices. Conversely, favorable trade agreements can stabilize prices by ensuring a steady supply of raw materials and access to global markets.
Technological advancements in SAP manufacturing have also impacted the pricing landscape. Manufacturers are leveraging innovative processes to enhance product efficiency, reduce production costs, and meet evolving consumer demands. These advancements have enabled the production of SAPs with improved absorbency, durability, and biodegradability. While such innovations can potentially lower prices in the long run, the initial investment in research and development often results in short-term price surges. Additionally, the competitive landscape in the superabsorbent polymer market compels manufacturers to maintain a delicate balance between offering cost-effective products and sustaining profitability. Companies are employing strategic pricing models, bulk discounts, and long-term contracts to retain market share and attract new customers.
Get Real time Prices for Superabsorbent polymers: https://www.chemanalyst.com/Pricing-data/superabsorbent-polymer-1144
Seasonal demand variations also influence SAP prices, particularly in the hygiene sector. For example, the demand for diapers and sanitary products typically increases during certain times of the year, driven by demographic trends and cultural practices. Such seasonal spikes often lead to temporary price increases, as manufacturers ramp up production to meet heightened demand. Similarly, the agricultural sector’s use of SAPs in water retention applications is subject to seasonal cycles, further contributing to price fluctuations. These dynamics underscore the importance of robust supply chain management and accurate demand forecasting in stabilizing market prices.
Regional disparities in economic conditions and market maturity further contribute to the complexity of SAP pricing. Developing regions such as Latin America and Africa are witnessing growing demand for SAPs, driven by improving living standards and increasing awareness of hygiene products. However, limited local production capacity often necessitates imports, leading to higher prices compared to regions with established manufacturing bases. On the other hand, developed markets in Europe and North America benefit from advanced manufacturing infrastructure and strong supply chains, resulting in relatively stable pricing. Nonetheless, these regions face cost pressures from regulatory compliance and the transition towards sustainable SAPs, which may lead to incremental price increases over time.
The agricultural sector’s adoption of SAPs for water management and soil conditioning has also introduced new dimensions to the market. As climate change exacerbates water scarcity in many regions, the demand for water-retaining SAPs has surged. This has opened up new revenue streams for manufacturers, albeit with unique pricing challenges. Agricultural SAPs often require different formulations and production processes compared to hygiene applications, influencing their cost structure. Moreover, government subsidies and incentives for water conservation practices can impact the affordability and adoption of agricultural SAPs, indirectly shaping market prices.
In conclusion, the superabsorbent polymer market presents a complex interplay of factors influencing pricing trends. Raw material costs, technological advancements, environmental considerations, global trade dynamics, and regional market conditions all contribute to a dynamic pricing environment. As the market continues to evolve, stakeholders must navigate these challenges while capitalizing on opportunities for growth. The increasing emphasis on sustainability, coupled with advancements in manufacturing technologies, holds promise for a more resilient and diversified SAP market. However, achieving a balance between affordability, environmental responsibility, and profitability will remain a key challenge for industry players in the years to come.
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Exploring the Benefits of Outsourcing to Certified Chemical Testing Labs in the UAE | +971 554747210
In today’s competitive business environment, maintaining quality, ensuring compliance, and managing operational costs are critical for success. Industries in the UAE often face the challenge of adhering to stringent regulations while ensuring product safety and environmental responsibility. One effective solution is outsourcing chemical analysis to certified chemical testing labs.
This blog explores the myriad benefits of outsourcing to certified chemical testing lab in the UAE, highlighting how this approach enhances operational efficiency, ensures compliance, and contributes to business growth.
The Role of Certified Chemical Testing Labs in the UAE
Certified chemical testing labs are equipped with cutting-edge technology and staffed by experts to provide accurate analysis across industries. These labs play a crucial role in:
Ensuring compliance with UAE regulations and international standards.
Delivering high-quality, reliable data for informed decision-making.
Supporting sustainability and environmental safety efforts.
By outsourcing chemical testing, businesses gain access to these benefits without the need for in-house testing infrastructure.
Why Outsource to Certified Chemical Testing Labs?
1. Access to Advanced Technology
Certified chemical testing labs in the UAE utilize the latest analytical tools and techniques, such as:
Gas Chromatography-Mass Spectrometry (GC-MS) for organic compound analysis.
Inductively Coupled Plasma (ICP) for detecting trace metals.
High-Performance Liquid Chromatography (HPLC) for chemical separations.
Benefit:
Businesses gain access to advanced technology without investing in costly equipment and continuous upgrades.
2. Expertise and Accuracy
Certified labs employ highly skilled professionals with extensive experience in chemical analysis, ensuring precision in test results.
Key Advantages:
Compliance with ISO 17025 standards, ensuring global recognition of test results.
Accurate identification of contaminants, impurities, and chemical compositions.
Expert guidance on regulatory requirements and corrective actions.
Example:
A manufacturing firm can rely on certified labs to ensure raw materials meet quality specifications, reducing risks of defective products.
3. Cost Efficiency
Establishing an in-house chemical testing facility involves significant capital and operational costs, including:
Purchasing advanced equipment.
Hiring and training qualified personnel.
Maintaining compliance with regulatory standards.
Solution:
Outsourcing eliminates these costs, allowing businesses to allocate resources to core operations while benefiting from expert testing services.
4. Faster Turnaround Times
Certified labs are equipped to handle high volumes of testing efficiently, ensuring quick and accurate results.
Impact:
Enables faster product development cycles.
Reduces downtime caused by regulatory delays.
Enhances customer satisfaction by meeting deadlines consistently.
5. Regulatory Compliance
The UAE has stringent regulations governing industries like oil and gas, construction, food production, and manufacturing. Certified chemical testing labs help businesses adhere to these rules by:
Providing detailed reports for regulatory authorities.
Monitoring pollutants to meet environmental standards.
Ensuring products comply with international standards, such as REACH and RoHS.
Example:
A construction firm can outsource paint testing to certified labs to ensure low VOC emissions and compliance with UAE green building standards.
Industries Benefiting from Outsourcing to Certified Labs
1. Oil and Gas
The UAE’s oil and gas sector relies heavily on chemical testing for environmental compliance and product quality assurance. Certified labs analyze:
Crude oil samples for contaminants.
Drilling fluids to ensure operational safety.
Emissions for compliance with environmental regulations.
2. Construction
Chemical testing labs ensure that construction materials like concrete, paints, and adhesives meet safety and durability standards.
Applications:
Analyzing chemical properties of materials.
Ensuring compliance with UAE building codes and sustainability standards.
3. Food and Beverage
Food safety is paramount, and certified labs test raw materials, packaging, and final products for:
Contaminants like heavy metals.
Pesticide and herbicide residues.
Compliance with halal and international food safety standards.
4. Manufacturing
From textiles to electronics, manufacturing industries rely on certified labs for:
Chemical composition analysis.
Quality control and assurance.
Environmental compliance, such as hazardous waste disposal.
How UAE Chemical Testing Labs Ensure Quality and Compliance
Certified chemical testing labs in the UAE adhere to stringent quality standards and regulatory frameworks, including:
1. ISO Accreditation
Certified labs are often ISO 17025 accredited, ensuring competence in testing and calibration.
Benefit:
ISO-accredited labs deliver results that are recognized internationally, enabling businesses to expand into global markets.
2. Compliance with UAE Regulations
Certified labs ensure adherence to UAE-specific laws, such as:
Federal Law No. 24 of 1999 for Environmental Protection.
Regulations by the Emirates Authority for Standardization and Metrology (ESMA).
Example:
Labs analyze industrial effluents to ensure safe disposal, preventing fines and environmental harm.
3. Tailored Testing Services
Certified labs offer customized solutions to meet industry-specific requirements, including:
Specialized testing for niche industries.
On-site sampling and analysis.
The Outsourcing Process: What to Expect
Outsourcing to a certified chemical testing lab involves a seamless process, ensuring businesses receive accurate and timely results:
1. Sample Collection and Submission
Clients provide samples for analysis or request on-site collection by the lab.
2. Testing and Analysis
The lab conducts tests using advanced techniques and adheres to standardized protocols.
3. Report Delivery
A detailed report is delivered, including:
Test results and interpretations.
Recommendations for compliance or corrective actions.
Success Stories: UAE Businesses Leveraging Certified Labs
Case 1: Ensuring Environmental Compliance
An oil refinery partnered with a certified chemical testing lab to monitor emissions. The lab's precise analysis helped the refinery achieve compliance with local environmental regulations, avoiding fines and improving community relations.
Case 2: Quality Assurance in Manufacturing
A UAE-based electronics manufacturer outsourced material testing to ensure compliance with RoHS standards. This move not only ensured regulatory compliance but also enhanced the company’s reputation for quality.
Choosing the Right Certified Chemical Testing Lab
When selecting a certified chemical testing lab in the UAE, consider the following factors:
Accreditation and Certifications: Ensure the lab is ISO 17025 accredited and recognized by UAE regulatory bodies.
Range of Services: Opt for labs offering comprehensive testing services relevant to your industry.
Technological Capabilities: Confirm the lab uses advanced equipment and techniques.
Turnaround Time: Choose labs with a proven record of delivering timely results.
Reputation and Expertise: Review client testimonials and industry experience.
Conclusion
Outsourcing to certified chemical testing labs in the UAE is a strategic decision that offers a multitude of benefits, including cost savings, access to advanced technology, and enhanced regulatory compliance. These labs enable businesses to focus on their core operations while ensuring product safety, environmental responsibility, and adherence to stringent standards.
By partnering with certified chemical testing labs, UAE businesses can stay ahead in competitive markets, safeguard their reputation, and contribute to the nation’s vision of sustainable development.
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Inspection Drone Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033
The inspection drone global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Inspection Drone Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The inspection drone market size has grown rapidly in recent years. It will grow from $8.44 billion in 2023 to $9.94 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to the increasing complexity of infrastructure, advancements in battery technology, demand for safer inspection methods, regulatory framework development, the rise of Industry 4.0.
The inspection drone market size is expected to see rapid growth in the next few years. It will grow to $18.94 billion in 2028 at a compound annual growth rate (CAGR) of 17.5%. The growth in the forecast period can be attributed to advancements in AI and machine learning, rapid development of edge computing, customized solutions for vertical industries, collaboration with robotics and automation, security and counter-drone technologies. Major trends in the forecast period include increased automation, regulatory developments, improved sensors, enhanced data analytics, technological advancement.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/inspection-drone-global-market-report
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The rising oil and gas sector is expected to propel the growth of the inspection drone market going forward. The oil and gas sector refers to a sector that involves the extraction, exploration, refining, and distribution of fossil fuels, fueling a variety of industries and fulfilling the world's energy demands. It encompasses companies engaged in activities related to crude oil, natural gas, and their derived products. Inspection drones are employed in the oil and gas industry to conduct efficient and safe inspections of infrastructure, pipelines, and facilities, providing real-time data on equipment integrity and operational conditions, reducing downtime, and enhancing overall safety. For instance, in September 2023, according to gov.uk, a UK-based public sector information website, total government revenues from UK oil and gas production were $1.79 billion (£1.4 billion) in the tax year 2021–2022, compared to $0.38 billion (£0.3 billion) in the previous year, an increase of more than $1.3 billion. Therefore, the rising oil and gas sector will contribute to the growth of the inspection drone market.
Market Trends - Major companies operating in the inspection drone market are developing advanced solutions, such as asset inspection technology, to gain a competitive edge in the market. Asset inspection technology involves the use of advanced tools such as drones, sensors, and data analytics to assess and monitor the condition, performance, and integrity of physical assets, optimizing maintenance and reducing downtime. For instance, in October 2023, Dexon Technology plc, a Thailand-based oil and gas technology company, launched the GEN 2.0 Ultrasonic Thickness Measurement (UTM) Drone System, a groundbreaking inspection drone system specifically designed to provide enhanced inspection capabilities. It incorporates non-destructive testing using ultrasonic thickness measuring in a variety of sectors. This innovative drone system features a 180-degree adjustable ultrasonic sensor arm, allowing for dynamic inspections. With the ability to inspect surfaces at various orientations and angles, the GEN 2.0 UTM drone ensures comprehensive and accurate data collection across a wide range of assets.
The inspection drone market covered in this report is segmented –
1) By Type: Fixed Wing, Rotary Wing, Hybrid 2) By Component: Mainframe, Brushless Motors and ESC, Transmitter and Receiver, Flight Controller, Other Components 3) By Sales Channel: Online, Offline 4) By Application: Oil And Gas Pipeline Inspection, Solar Panel, Power Line and Windmill, Critical Infrastructure Inspections, Commercial Farms, Built Railway, Roadways and Bridge Inspection, Border Security, Other Applications 5) By End-Use Industry: Construction And Infrastructure, Oil And Gas, Agriculture, Utilities, Other End-Users
Get an inside scoop of the inspection drone market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14123&type=smp
Regional Insights - North America was the largest region in the inspection drone market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the inspection drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the inspection drone market are Lockheed Martin Corporation, Yamaha Motor Corp, Drone Volt SA, Wipro Limited, Northrop Grumman Corporation, Trimble Inc., EPAZZ Inc., Teledyne Flir LLC, Intertek Group plc, Insitu Inc., AeroVironment Inc., Yuneec International Co. Ltd, Israel Aerospace Industries Ltd., 3D Robotics Inc., ECA Group, Airobotics Ltd., MIR Innovation, Parrot SA, SZ DJI Technology Co. Ltd (Dà-Jiāng Innovations), MISTRAS Group Inc., PrecisionHawk Inc., AgEagle Aerial Systems Inc., Flyability SA, Delair Aerial Intelligence SAS, Aerialtronics B.V., MicroMultiCopter Aero Technology Co. Ltd, Draganfly Innovations Inc., Digital Aerolus Inc., American Robotics Inc., SkySpecs Inc., Acecore Technologies B.V.
Table of Contents 1. Executive Summary 2. Inspection Drone Market Report Structure 3. Inspection Drone Market Trends And Strategies 4. Inspection Drone Market – Macro Economic Scenario 5. Inspection Drone Market Size And Growth ….. 27. Inspection Drone Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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How to Choose the Best Commodity Trading App for Your Investment Needs
Choosing the right commodity trading app can make a significant difference in your trading journey, allowing you to maximize your potential while simplifying your experience. Here’s how to evaluate the best app for your investment needs:
1. Intuitive Design
A well-designed app with a simple, user-friendly interface makes navigation effortless, enabling smooth trade execution and portfolio management.
2. Competitive Brokerage Charges
Low brokerage fees can make a significant difference to your bottom line, helping you maximize profits with every trade.
3. Real-Time Market Insights
Accurate live prices, in-depth market trends, and advanced analysis tools empower you to make well-informed and timely trading decisions.
4. Diverse Trading Options
A robust app should offer access to a wide variety of commodities, including precious metals, energy, and agricultural products, ensuring ample opportunities for portfolio diversification.
5. Advanced Security Features
Choose a platform that places a high priority on protecting your data and funds through cutting-edge encryption and strict compliance with regulatory standards.
6. Effortless Integration
The ideal app seamlessly integrates with your Demat and bank accounts, ensuring smooth fund transfers and hassle-free trading.
7. Responsive Customer Support
Timely and reliable customer service is essential to resolve trading concerns, guiding you through technical issues and market uncertainties effectively.
8. Test with a Demo Account
Many trading apps offer demo accounts that allow you to practice trading in a risk-free environment. This is an excellent way to test the app’s features and functionality before committing.
9. Read Reviews and Ratings
User reviews and ratings on app stores and forums can provide valuable insights into the app’s performance, reliability, and user satisfaction.
Why Navia is Your Best Choice for Commodity Trading
When it comes to choosing the right platform, Navia stands out with its unmatched features and customer-focused approach:
User-Friendly Platform: Navia’s app and web platforms are intuitive, enabling quick trade execution and easy portfolio monitoring.
Low Brokerage Fees: Trade profitably with one of the most cost-effective brokerage structures in the market.
Comprehensive Market Insights: Access real-time updates, advanced charts, and analysis tools to stay ahead of trends.
Diverse Commodity Options: Trade a wide variety of commodities, including gold, silver, crude oil, and agricultural products.
Top-Notch Security: Navia ensures your data and funds are protected with robust encryption and SEBI compliance.
Integrated Accounts: Seamless integration with Demat and savings accounts for efficient fund management.
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Free Demo Account: Test the platform and familiarize yourself with its features through a demo account before trading live.
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From October 22 to 24, the 16th BRICS leaders’ meeting will be held in Kazan, Russia. This is also the first summit after the BRICS’ major expansion. In January this year, Saudi Arabia, Egypt, the United Arab Emirates, Iran, and Ethiopia officially participated in BRICS cooperation, and the number of BRICS member states increased from 5 to 10. After the expansion, the BRIC accounts for nearly half of the world's population, one-fifth of the world's trade, and its economic aggregate has exceeded the G7 in terms of purchasing power parity.After the expansion, the BRIC accounts for nearly half of the world's population, one-fifth of the world's trade, and its economic aggregate has exceeded the G7 in terms of purchasing power parity. After the expansion, the proportion of the "Big BRIC" in global GDP increased from 31.6% to 35.6% based on purchasing power parity. The BRIC countries' share of world crude oil exports has increased from 15% to 36%.Since the year, China has also continued to deepen cooperation with its BRICS partners. The foreign trade data for the first three quarters recently released by the General Administration of Customs shows that the BRICS countries account for more than 1/5 of global trade. China's imports and exports to other BRICS countries increased by 5.1%, and trade has been achieved in many fields such as industry and agriculture. complementary.
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Top Trends 2023 - Emerging Technology
Picture this: Iron Man's first suit was a crude piece of armor made from scrap. But Tony Stark kept upgrading, using the latest tech to create a suit that was practically invincible. Businesses today are in a similar position—they need to adapt to emerging technologies to thrive. Here are the top 5 tech trends shaping 2023 and helping businesses evolve just like Tony’s suit!
1. Datafication
Just as Iron Man’s HUD gathers real-time data, datafication allows businesses to convert daily processes into useful data. By leveraging adaptive AI and data networks, companies in 2023 will see data drive everything from workflow automation to real-time analytics.
2. 5G
Remember Tony’s instantaneous team comms during Endgame? That’s the kind of connectivity 5G offers, with ultra-low latency and high speed that will enable everything from autonomous systems to enhanced IoT networks, allowing businesses to function like well-oiled machines.
3. Quantum Computing
Imagine computing that handles billions of data points in seconds. In 2023, quantum computing will do just that, supporting sectors like finance and healthcare with unprecedented processing power.
4. Driverless Technology
Think Iron Man’s autonomous suits—driverless tech could make that vision a reality for cars. Companies are investing in driverless vehicles to revolutionize transportation, creating new solutions for logistics, travel, and more.
5. Enterprise Metaverse
The enterprise metaverse will bring new possibilities for engagement, allowing brands to create immersive, virtual spaces for consumers. Expect virtual storefronts, interactive events, and a whole new level of brand experiences.
Conclusion: Just like Tony Stark evolved his tech, businesses must adapt to these trends to stay relevant and innovative in 2023. Embracing these advancements means staying competitive, creating better products, and delivering memorable customer experiences. Visit Here - techdogs.com
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By The Cradle
The Foreign Ministry of Turkiye sent the UN a letter signed by 52 nations and two organizations calling for a halt in military transfers to Israel, stating the Israeli army is committing genocide against Palestinians in Gaza.
Turkish Foreign Minister Hakan Fidan called for the arms embargo on Israel while speaking at a news conference in Djibouti on 1 November.
While attending the Turkiye–Africa collaboration meeting, Fidan announced that the group letter was sent to the UN and that it must be “repeated at every opportunity that selling arms to Israel means participating in its genocide.”
Ahmet Yildiz, Turkiye’s permanent ambassador to the UN, stated that Israel’s actions have pushed the region to the brink of war.
Last month, Turkish President Recep Tayyip Erdogan urged the UN to impose an arms embargo on Israel, saying it would be an “effective solution” to end the war on Gaza.
Erdogan asserted that Israel is trying to spread the “flames of conflict” across the region and would inevitably “pay the price for this ongoing genocide in Gaza, sooner or later.”
While Ankara calls for an arms embargo on Israel, it continues to allow transit of oil from Azerbaijan to Israel. The oil, which passes through the Baku–Tbilisi–Ceyhan oil pipeline and is then loaded onto tankers for delivery to Israel, is crucial for the Israeli economy and for its air force and army to continue attacks on Gaza and Lebanon.
“Erdogan, turn off the oil valves,” said a banner carried by the activist group called “One Thousand Youth for Palestine” at a protest outside the ruling Justice and Development Party (AKP) headquarters in Istanbul in early September. “End your participation in Israel’s genocide.”
Erdogan and Fidan previously collaborated with Israel and the Kurdistan Democratic Party (KDP), led by Masoud Barzani, in northern Iraq in a scheme to deliver Kurdish crude to Israel. In June 2014, the three powers supported ISIS’ invasion of Mosul, which allowed the Kurdish Peshmerga to conquer oil-rich Kirkuk and begin oil exports to Israel via Turkiye.
The support ISIS enjoyed from Ankara, Washington, Erbil, and Paris was crucial in helping the terror group commit genocide against the Yezidi religious minority in Iraq two months later.
Turkish businesses have also kept up exports to Israel amid the ongoing genocide in Gaza, despite a formal trade ban, Middle East Eye (MEE) reported in September.
Instead of sending products directly to Israel, Turkish exporters are now sending products indirectly via Palestinian Authority (PA) customs, according to statistical data from the Turkish Exporters’ Assembly (TIM).
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Project2025 #TechBros #CorpMedia #Oligarchs #MegaBanks vs #Union #Occupy #NoDAPL #BLM #SDF #DACA #MeToo #Humanity #FeelTheBern
JinJiyanAzadi #BijiRojava Corporate Greed Is Keeping Prices Up
Republicans are blaming the Biden-Harris administration for the increase in inflation and high prices for housing, food, and fuel being faced by Americans but that is just not so. It is important to recognize that the government has little control over prices and to understand who and what is really to blame.
Wall Street investors have bought hundreds of thousands of homes and rental properties. In the first quarter of 2024 the six largest corporate landlords amassed over $300 million in profits by converting single family homes to rentals and by increasing rents. These six corporations are being investigated by the Department of Justice (DOJ) for using a software product called RealPage which allows them to illegally coordinate (collude) and fix rental prices for over 16 million homes and apartments across the entire United States. The DOJ and eight states have also filed a lawsuit against RealPage.
Food prices are high, partially because of increased production and transportation costs, but more so due to a lack of significant competition. Currently four meat packing companies control 85% of beef, 70% of pork, and 54% of chicken production in the country. Similar to the housing industry, these corporations use a program called Agri Stats to automatically coordinate their price increases and are currently facing anti-trust charges by the Federal Trade Commission (FTC).
Additionally, three companies dominate 70% of US grocery sales. The FTC is fighting to block the merger of Albertsons and Kroeger, the two largest supermarket chains in the country. Over the past year Albertsons’ profit margin tripled, meaning that their price increases have greatly exceeded their operating costs. The proposed merger would result in one overly large corporation with little or no incentive to reduce prices. Kroeger is also being investigated by the FTC and the Senate for using facial recognition software from Microsoft to collect personal data on customers which could allow them to determine how large of price hikes shoppers are willing to tolerate.
Finally, the petroleum industry is costing American families an estimated $2,000 more per year in excessive fuel costs. In 2022 the five largest oil companies recorded over $200 billion in profits, double their 2021 profits. At the same time, rather than cut prices these companies have paid out over $100 billion in stock buybacks and shareholder dividends. As with the housing and food industries, the FTC has found evidence that the CEO of Pioneer Natural Resources attempted to conspire with OPEC to keep oil production low and further boost industry profits. It is estimated that this illegal crude oil price fixing caused over one quarter of the past increase in inflation.
The rate of inflation has actually come down but major corporations have not seen fit to reduce prices because that would also diminish their profits. Through the DOJ and FTC, the Biden-Harris administration is working to rein in this excessive profiteering and provide significant relief for American consumers.
David B. Kyle, New Columbia
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Japan import export data | Global import export data provider
Discover the historical and latest Japan import export data and align your business effectively with the Japanese market. Identify the market demand, risk, competitors, sales prospects and business opportunities through Japan customs data reports. Find verified Japan importers list and Japan exporters list to prepare the list of potential business clients. In 2023, Japan imported about 147.66 million kiloliters of crude oil. Get the cost effective leads from the Japanese market. Gain a competitive edge with the updated Japanese market trends through our Global import export data provider. Request a free sample of Japan trade data with all data fields and plan effectively to accelerate your business in Japan. https://eximtradedata.com/country-wise-japan-import-and-export-data
More information about Japan's Crude Oil Imports in 2024 : https://globalimportexportdataprovider.blogspot.com/2024/10/japans-crude-oil-imports-in-2024.html
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