FRANCHISE TRADE NOW OPEN AN ACCOUNT GLOBE E-KYC
Pre Session
Prev Next
As on Feb 24, 2017 12:00 AM Your results on : Pre Session    
Energy Preview: WTI Oil Eases After Almost Testing $55 Mark
24-Feb-2017 (16:51)
Precious Metals Preview: Smashing Gains In Gold, Prices At Three And Half Month High
24-Feb-2017 (15:51)
Base Metals Preview: Copper Sharply Down 3.6% On Thursday
24-Feb-2017 (08:59)
Technical Comment For Day: Crude oil
24-Feb-2017 (08:57)
Technical Comment For The Day: Gold
24-Feb-2017 (08:53)
Technical Comment For The Day: Copper
24-Feb-2017 (08:47)
Commodities Buzz : Nafta Renegotiation Puts Mexico-Us Jeans Trade At Risk
24-Feb-2017 (07:22)

The almost imminent renegotiation of the North America Free Trade Agreement (NAFTA) has put US-Mexico denim trade at risk. It is because nearly half of the jeans sold in the US are made in Mexico. Over 2,000 denim manufacturers spread through states of México, Durango, Puebla and Guanajuato together make second largest supplier base of jeans to the US.

The bilateral trade of denim products consists mainly in the Mexican plants sewing jeans from fabric imported from the US. The final products are again shipped back for sale in the US market. There are also some companies that purchase denims that are 100% made in Mexico and sell them in the US. Mexico's National Chamber of the

Apparel Industry (Canaive) estimates this annual denim trade at over $8 billion.This manufacturing-trade relation provides livelihood to over 125,000 people in Mexico and another 64,000 in the US, particularly in the states of North and South Carolina and Georgia, according to the American Apparel & Footwear Association (AAFA).Hence, the call given by US president Donald Trump to renegotiate NAFTA, especially US' bilateral trade relations with Mexico, has put nearly 189,000 jobs at risk. Further, it would also mean that US buyers would end up paying more if the Trump administration imposes tariffs on products imported from Mexico.

Since NAFTA was signed in 1994, the US-Mexico denim trade has grown manifold mainly because the cost of labour intensive garment construction was lower in Mexico compared to the US.

Powered by Commodity Insights

Commodities Buzz : IGC Raises Global Grain Forecast For 2016-17
24-Feb-2017 (07:17)
Energy Preview: Crude Yet Again Faces Resistance Above $54 Levels
23-Feb-2017 (09:49)
Precious Metals Preview: Gold Up In Asia, Fed Minutes Can Cap Gains
23-Feb-2017 (09:40)
Economic Buzz: US Existing Home Sales Rebound In January
23-Feb-2017 (09:34)
Technical Comment For The Day: Crude Oil
23-Feb-2017 (08:41)
Technical Comment For The Day:Gold
23-Feb-2017 (08:38)
Technical Comment For The Day: Copper
23-Feb-2017 (08:36)
Connect with us :   
Globe
About us
Our Services
Milestones
Memberships
Core Values
Investor Relations
Product & Services
Broking
Institutional Broking
PMS
Clearing Services
Distribution
Research
Depository
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Back Office
Back Office
CMS
CMS-TM
KYC/KDC Status
Mutual Fund
CAMS
RMS Policy
Helpdesk
Download Forms
Useful Links
BSE
NSE
SEBI
RBI
MCX
NCDEX
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language
In case of any grievances pleae write to
Investor_trading@globecapital.com /  igr@globecapital.com (For Trading)     globedp@globecapital.com (For DP)    Investor_pms@globecapital.com (For PMS)     
commigr@globecapital.com (For Commodities)
SEBI Regn. No. NSE.:INB/INF/INE 230663732, TM No.:06637, Clearing No.- M50302 | SEBI Regn. No. BSE.:INB/INF/INE 010663731, Clearing No.- 3179 | SEBI Regn No. MSEI :INB/F 260663738, INE 260663732, TM Code-1004, Clearing Member Code- 4 | USE SEBI Regn no. - INE 270663732 , CM code: 06637 | SEBI Regn for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | Research Analysts Regn No. INH100001187 | PMS Regn No. INP000002361
* Through subsidiary Globe Commodities Ltd. --> Commodity Membership No.: NCDEX- FMC Regn. No. NCDEX/TCM/CORP/0004, TM Code-00012 | MCX- FMC Regn. No. MCX/TCM/CORP/0628, CM Code-8550 | ICEX- FMC Regn. No. ICEX/TCM/CORP/0011, TM Code- 1009 | NMCE- FMC Regn. No. NMCE/TCM/CORP/0018, TM Code-CL0111 | ACE - FMC Registration no.- ACEL/TCM/CORP/0163, TM code- 4001 | UCX FMC Regn. No.: UCX/TCM?CORP/0014, TM Code- 10014 | NCDEX Spot Exchange Membership no.- NCDEXSPOT-CR-07-10011
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2008 Certified) Privacy Policy Disclaimer Terms and Conditions