Is this the curse of commodities export dependence at work? Peru's gross domestic product expanded 5.0% in May, lower than the expected 5.5 to 6.0% growth, the government announced last week. Barely two weeks earlier, President Ollanta Humala was remarking on Peru’s...
Pacific Alliance: Trade in Free Flow
Barriers to trade are falling fast in the LATAM bloc based on shared market philosophy, not shared borders. The presidents of the Pacific Alliance member nations – Chile, Colombia, Mexico, and Peru – met in Cali, Colombia today to sign an agreement that will remove...
Still Following Glencore
Merger with Xstrata will create new mining giant One trades and the other digs. So tweets BBC Business Editor Robert Peston about the pending merger of Glencore and Xstrata. The Financial Times confirms the merger, likely to be announced within days, will combine the...
Peru’s Copper Exports Falter
But economic engine gathers steam for the long haul The Financial Times reports today that Peru’s government will name three international consultants to monitor the environmental impact of the $4.8-billion Conga gold and copper mine, the biggest single investment in...
Peru Eyes Blueberries
Planting in the mountains for export markets in US, Europe, Asia The Peruvian government’s Sierra Exportadora agency announced that its demonstration blueberry plantation in Pichupampa should be shipping its first crop next year. The economic development program will...
Peru Ramps up Ag Exports
Cultivating what the world wants to eat pays off If you follow FreshPlaza, the portal for global produce news, (and we do) you may have noticed the news on Peruvian agricultural exports is all good. Peru’s export sales of table grapes to newly opened Asian markets are...
Charts & Graphs: Peruvian Mango, Quinoa Exports
Two of Peru’s top ag products find markets in the US See Peru Ramps up Ag Exports.
Copper Exports: Volume Down, Value Up
Chilean, Peruvian copper fetches record prices as shipments slip in 1H11 End of July, we looked at copper exports from top source Chile and top comer Peru through year-end 2010, when the price of copper began its climb toward a record US$10,000/ton [Copper Benchmark]....
Fresh Resource for Food Exporters
A new free database offers access to international regulations on food additives The Grocery Manufacturers Association (GMA) has developed, with a grant from the Department of Agriculture, an International Food Additive Database designed to provide easy access to...
Copper Benchmark
Peru is poised to boost copper output as global demand outstrips supply Glencore, the commodities trader whose May initial public offering raised $10 billion, has just paid $475 million in cash to CST Mining Group for a 70% interest in Marcobre S.A.C., sole owner of...