In a significant ruling on Thursday, World Trade Organization formally authorized Brazil to impose $147 million in trade sanctions in its long-fought case against U.S. cotton subsidies.
Juco bags has all the qualities and versatility of cotton but a much lower ecological footprint, according to London based Jutexpo Ltd. The company said it has developed the product taking the best properties of both jute and cotton.
Intercontinental Exchange (ICE) is all set to change the way iron ore will be traded as it launches iron ore swaps contract on December 2 in association with Platts. ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index.