The EU and US signed a Memorandum of Understanding (MoU) establishing a strategic partnership on critical minerals, accompanied by an EU-US Critical Minerals Action Plan. The agreement formalizes bilateral cooperation on securing critical mineral supply chains. Details of specific commitments or measures under the Action Plan are not provided in the snippet.
Topic Archives:Commodities
Call for Input on Goods for Cost-of-Living Tariff Suspensions
The UK government is consulting on potential tariff suspensions covering agricultural goods, fertilisers, and kerosene, aimed at mitigating consumer cost pressures linked to the Middle East conflict. The call for input seeks stakeholder views on which goods should be covered. This is a formal policy consultation with specific product categories named.
June 2026: CPO Reference Price Falls, Export Reference Prices for Cocoa Beans and Pine Resin Rise, Leather Products Stable, Wood Products Vary
Indonesia’s Ministry of Trade has set the June 2026 reference price (Harga Referensi) for crude palm oil (CPO) at USD 1,029.51/MT, down 1.91% from May 2026, which affects export duty and palm oil fund levy calculations. Export reference prices (HPE) for cocoa beans and pine resin are set higher, while leather product prices remain unchanged […]
USD Strengthening Drives Correction in Gold Export Reference Price for June 2026 Period I
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 148,396.49/kg for the first period of June 2026, down 1.43% from USD 150,555.29/kg in the second period of May 2026. The reference price (HR) also fell to USD 4,615.65 per troy ounce from USD 4,682.80. These rates are established under […]
Ambassador Greer Issues Statement on Preferential Duty Access for Whiskey Produced in the United Kingdom
USTR Ambassador Greer issued a statement following President Trump’s announcement of preferential duty access for UK-produced whiskey, referencing the previously announced US-UK General Terms for an Economic Prosperity Deal. The statement indicates a specific tariff concession for UK whiskey as part of ongoing bilateral trade negotiations. This reflects a named preferential duty measure within the […]
Second Period May 2026: Global Gold Price Correction Triggers Decline in Gold Export Reference Price and Reference Price
Indonesia’s Ministry of Trade has set the gold export benchmark price (HPE) at USD 150,555.29/kg, down 1.72% from the previous period, and the reference price (HR) at USD 4,682.80/troy ounce for the second period of May 2026. These are formalized in Ministerial Decree No. 1343 of 2026. The adjustments reflect corrections in global gold prices.