World food prices continued to rise in July for the second month in a row, particularly for vegetable oils and dairy products, according to the United Nations benchmark report. The Food and Agriculture Organization of the United Nations (FAO) food price index registered an average of 94.2 points
Six of the 10 largest shipping companies in the world have requested help from the governments of their home countries. Those shipping companies are: CMA CGM, COSCO Shipping Lines, HMM, Evergreen Marine, Yang Ming and Pacific International Lines (PIL). Despite the drop in maritime traffic in 2020, container
The peso starts the session with little change, trading around 22.40 pesos per dollar, falling about 13 cents after the publication of the non-farm payroll in the United States, which during June increased by 1,763 million, above market expectations, of 1.4 million. The unemployment rate decreased from 11.1
The growing concentration in maritime transport services raises concern about its possible impact on freight during the contraction and recovery in the context of the Covid-19 pandemic, highlighted the Economic Commission for Latin America and the Caribbean (ECLAC). In 1992, the maritime transport market consisted mainly of 30
Banana exports from Mexico totaled 141.1 million dollars in the first half of 2020, a year-on-year increase of 1%, according to data from the Ministry of Agriculture. Bananas are grown in all tropical regions and are of fundamental importance to the economies of many developing countries. In terms
The peso closed the session with little change compared to Wednesday’s close, showing a moderate depreciation of 0.09% or 1.9 cents, trading at 22.39 pesos per dollar. During the session, most financial markets globally showed mixed performance. The dollar weighted index closed with little change, showing a 0.05