News of industry

China's appetite for copper provides Chile with opportunity

26-02-2021 13:08 With the price of copper reaching a 10-year high thanks in no small part to China's insatiable appetite, Chile faces a "unique" opportunity, according to experts.

PRICE CONTROLS

Government to investigate food companies amid price clampdown

17-02-2021 14:28 Production & Development Ministry plans to investigate several food companies for not “increasing production to its highest level of installed capacity” and ensuring proper delivery.

AGRICULTURE

Fernández threatens to raise taxes on farm exports

08-02-2021 11:24 If the farm industry continues to sell food at home for the same prices at which it exports, the government will take matters into its own hands, warns Peronist leader.

BLOOMBERG

Crop U-turn peeves importers, lays bare Argentina's infighting

15-01-2021 17:01 Argentina’s chaotic reversal on corn exports could hurt its standing among the world’s top grain suppliers as buyers get exposed to the unpredictability of government feuding.

paro agrario

Agricultural producers begin three-day strike

11-01-2021 15:27 Agricultural producers begin three-day strike in rejection of the government’s move to suspend maize exports for the next two months, despite last-ditch tweaks to measure.

LITHIUM

Argentina eyes lithium expansion, but hurdles may dampen ambitions

12-12-2020 08:48 Government sees lithium mining as a significant source of revenue in coming years, with officials hoping to boost production from 40,000 to more than 230,000 tons a year by 2022. Experts, however, warn that challenges lie ahead.

by Fermin Koop

RACE, FASHION & CULTURE

Black models increasingly visible on Brazil's catwalks

24-11-2020 08:36 Afro-Brazilian models Shirley Pitta and Gloria Maria Fonseca Siqueira had dreamed of the runway since they were girls, but in a Brazilian fashion world much whiter than the country itself, it remained a far-away fantasy until recently. In a sign of changing times in Brazil and elsewhere, the pair saw their dreams come true at this year's São Paulo Fashion Week.

BLOOMBERG

Night-time raiders are destroying US$100,000 soy bags

20-11-2020 13:17 Packed tight with freshly harvested soybeans, the silobags that dot the Pampas at this time of year are worth a hefty sum. They're also a target for vandals – and farmers have had enough.

Wine industry

More sales, less profits: Glass half-full for Argentine wine producers

19-10-2020 08:00 In the first nine months of 2020, local wine producers boosted exports by 40.57% compared to last year, with domestic consumption also on the rise. But the glass remains half-empty – lower prices, the rise of cheaper labels and economic crisis have all hurt profitability.

THE WEEK

What we learned this week: October 3 to 10

10-10-2020 09:56 Our pick of the stories from the last seven days in Argentina.

ECONOMIC INDICATORS

Industry down 7.1% in August year-on-year, says INDEC

08-10-2020 19:22 Around 54 percent of local manufacturers operated normally in August, with 45.9% working only partially or inactive, says INDEC.

BLOOMBERG

Economic recovery stalls with industry declining

08-10-2020 15:18 Industrial production fell 0.9% in August compared to July and 7.1% from the previous year, according to official data.

EXPORTS & ENVIRONMENTAL CONCERNS

China delivers opportunity and controversy for Argentina’s pork sector

26-09-2020 10:00 Proposed deal with China is a chance to boost Argentine exports, but environmentalists are strongly opposed to it.

Coronavirus pandemic

Buenos Aires begins to slowly emerge from virus lockdown

20-07-2020 23:17 Capital begins gradual reopening of activities in a phased scheme running until August 3, including a limited number of industrial, commercial, service and recreational activities.

EXPROPRIATION OF VICENTIN

Setback for government as Vicentin executives reinstated by judge

20-06-2020 10:37 Judge in Santa Fe Province reinstates ousted executives and says government officials should only perform a supervisory role in bid to leave bankruptcy behind.

FOOD & DRINK

Revolutionising the global food system

13-06-2020 09:59 Franco Fubini, CEO of food and veg supplier Natoora, says people have become disconnected from their plates. In an interview with the Times, he explains the importance of fresh produce – and how his firm adapted to thrive amid the coronavirus pandemic.

by Bruna Fontevecchia

Coronavirus pandemic

Automobile industry restarts production with limited shifts

27-05-2020 16:26 Sector returns to work after receiving authorisation from the government to restart production with limited shift patterns.

LITHIUM

Coronavirus halts lithium expansion in Argentina and Chile

23-05-2020 10:10 Projects under development halted and significant investments cancelled, as impact of Covid-19 pandemic begins to hit home.

by Fermin Koop

Life during quarantine

Telenovelas in Latin America put on hold by coronavirus lockdowns

04-05-2020 13:56 Without kisses, hugs or closeness between actors due to coronavirus fears, telenovelas have been put on hold in Latin America.

ECONOMIC INDICATORS

Automobile sales slump to historic low amid Covid-19 pandemic

03-05-2020 10:05 Automobile sales in Argentina slumped to a historic low in April amid the economic crisis prompted by the coronavirus pandemic.

Wine business

Tariffs, coronavirus fears threaten wine show buzz

04-03-2020 12:51 Threatened by Trump's tariffs and the coronavirus epidemic, winegrowers are facing a high level of uncertainty that raises doubts over the future of the industry.

Bloomberg

Clean energy boom threatened by Argentina’s free-market fizzle

28-01-2020 12:50 Macri-era investment into clean energy along Argentina's Atlantic coast will be difficult to sustain in current economic climate, writes Jonathan Gilbert.

VACA MUERTA

Oil companies and unions agreed on a temporary no layoffs clause

23-01-2020 14:31 The unions representing oil workers and the sector's business chambers agreed to roll back 600 layoffs and 1,200 suspensions in the country's different basins while waiting for production to pick up and activity to resume.

ECONOMIC INDICATORS

Industry and construction continue free fall

09-01-2020 10:17 Data indicates industrial production slumped by 4.5% in November – 19th consecutive month of decline.

ECONOMIC INDICATORS

Auto industry decline underlined by 32.5% drop in production in 2019

07-01-2020 09:12 Automobile production fell 32.5% in 2019 in Argentina compared to the previous year, with just 314,787 units manufactured – the sector's lowest level since 2004.

Jorge Difonso interview

'With this decision, Mendoza has regressed 12 years,' says co-author of Law 7722

24-12-2019 09:51 Lawyer and Cambia Mendoza provincial deputy Jorge Difonso on why protesters in Mendoza are taking to the streets in rejection of alterations made to legislation which restricted the use of dangerous chemicals in mining operations.

by Isabelle Margulies

AUTOMOBILE INDUSTRY

Government agrees new car pact with Brazil through 2029

07-09-2019 01:20 New automobile agreement will ‘consolidate Mercosur’ and improve integration, declares Production and Labour Minister Dante Sica.

Economic indicators

Construction activity fell 4.2 percent in June

07-08-2019 14:34 As Argentina’s election race heats up, recovery starts to cool.

KEY STORIES

June 2nd-8th: What We Learned This Week

08-06-2019 12:26 Stories that caught our eye in the last seven days.

ECONOMIC INDICATORS

INDEC: Industrial output fell 8.8% year-on-year in April

05-06-2019 17:32 Bureau registers 12th consecutive month of decline for industrial output. Production has slumped by 10.6% in the first four months of the year.