Looking at the history of year-on-year changes in value, rubber has seen greater volatility compared to plastics. The value of plastic imports increased 18 percent quarter on quarter from SR4 billion to SR4.8 billion, while rubber soared 23 percent from SR1.9 billion to SR2.4 billion. The total plastic and rubber imports grew 19 percent to SR7.1 billion ($1.89 billion) in the second quarter of 2022 from SR6 billion in the year-ago period. While the rise in the Kingdom’s plastic imports has been the highest since the second quarter of 2019, rubber has increased the most since the third quarter of 2019. Rubber products also saw a 12 percent increase from 152,000 to 170,000 units over the same period, pushed by a 14 percent increase in imports from China. The increase in imports was fueled by a 45 percent yearly rise in imports from China, stated the GASTAT report. RIYADH: Saudi Arabia’s import of plastic products increased 18 percent to 456,000 tons in the second quarter of 2022 from 386,000 tons in the same period last year, according to the General Authority for Statistics. LME zinc climbed 0.2 percent to $3,491 a ton, aluminum increased 0.7 percent at $2,441.50 a ton, while lead was down 1.2 percent at $1,953 a ton. Three-month copper on the London Metal Exchange was down 0.3 percent at $8,095 a ton, as of 0740 GMT. Prices of base metals were mixed on Wednesday, as dismal data from major global economies partially countered supply concerns and expectations of demand recovery in top consumer China. ![]() Wheat jumped 1.75 percent to $8.14-1/2 a bushel and soybeans rose 0.89 percent to $14.74 a bushel. The Chicago Board of Trade’s most-active corn contract was up 1.37 percent at $6.64-1/4 a bushel, as of 0327 GMT, after rising to its highest level since June 28 earlier. ![]() Palladium gained 0.3 percent to $1,985.44.Ĭhicago grains futures extended gains on Wednesday, as a tour of key growing areas in the Midwest raised concerns that the size of the US corn and soybeans crop will fall below expectations. Spot silver fell 0.3 percent to $19.11 per ounce, while platinum was flat at $879.71. The dollar firmed near its recent peak against its rivals, making gold more expensive for buyers holding other currencies. US gold futures eased 0.1 percent to $1,760.20. Spot gold was steady at $1,747.58 per ounce, as of 0527 GMT, after rising 0.7 percent in the previous session. and was released to the App Store yesterday.RIYADH: Gold prices were flat on Wednesday, as the US dollar strengthened after hawkish comments from a Federal Reserve official kept investors cautious ahead of the Jackson Hole symposium due later this week. It can run smoothly even if the user has no experience with operating systems. The app is very small and has a small size, which makes it ideal for people with slow or unstable network connections. The app no longer has any significance anymore, since all devices that are connected to the network receive the same update. It helps users identify and obtain the latest drivers and updates for their devices. It is the official app of Apple, which is responsible for the updating of the company’s firmware. Beats Updater Download is a small archive that can be downloaded and deployed to any system with a slow or restrictive internet connection.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |