Cement. Total imports of cement into the Colony during the year amounted to 1,201,440 piculs and exports to 1,615,806 piculs. As in previous years the bulk of the exports went to British Malaya. Large quantities were imported from Japan during the early part of 1937 but after the outbreak of Sino-Japanese hostilities supplies from this source ceased. As a result there was a very keen demand for the product of the local factory which has lately been operating at full capacity. Cement from Indo-China was imported in large quantities and found a ready market at advanced prices.
Preserved Ginger.-Local prices fluctuated during the year from $15-$21 per picul for cargo ginger and from $22-$26 for stem ginger. Exports were well maintained to all markets as will be noted from the following comparative figures of values of quantities exported:
To 1936 1937 United Kingdom $1,064,099 $1,107,427 Australia $408,059 $346,913 Holland $281,206 $202,578 U.S.A. $236,030 $142,717 Other Countries $364,575 $301,331 Total $2,353,969 $2,100,966Knitted, Woven & Made-Up Goods.-Local knitting and weaving factories and factories making up garments from imported cloth enjoyed fairly profitable trading conditions during 1937, exports to Empire markets showing notable increases as a result of Imperial Preference and (in the case of woven goods) quota regulations imposed by many Empire countries on cloth which is not "spun, woven and finished within the Empire". Local weaving factories, to obtain the
this greatly depressed local prices until it had slowly gone into consumption. After the absorption of this cheap sugar, quotations late in the year rallied. A gain over the whole year of more than 30% in terms of raw sugar prices indicates the success of world-wide attempts to establish more remunerative price levels. The volume of trade has been greatly curtailed as the effects of the Sino-Japanese conflict have been more keenly felt with the passage of time, but eastern markets have been spared the additional disruptive effects of wildly fluctuating exchange rates, such as were threatened by the devaluation of the guilder in 1936.
The outlook for 1938 is extremely uncertain, depending on the march of political events in the world as a whole and the Far East in particular.
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this greatly depressed local prices until it had slowly gone into consumption. After the absorption of this cheap sugar, quota- tions late in the year rallied. A gain over the whole year of more than 30% in terms of raw sugar prices indicates the success of world-wide attempts to establish more remunerative price levels. The volume of trade has been greatly curtailed as the effects of the Sino-Japanese conflict have been more keenly felt with the passage of time, but eastern markets have been spared the additional disruptive effects of wildly fluctuating exchange rates, such as were threatened by the devaluation of the guilder in 1936.
The outlook for 1938 is extremely uncertain, depending on the march of political events in the world as a whole and the Far East in particular.
Cement. Total imports of cement into the Colony during the year amounted to 1,201,440 piculs and exports to 1,615,806 piculs. As in previous years the bulk of the exports went to British Malaya. Large quantities were imported from Japan during the early part of 1937 but after the outbreak of Sino- Japanese hostilities supplies from this source ceased. As a result there was a very keen demand for the product of the local factory which has lately been operating at full capacity Cement from Indo-China was imported in large quantities and found a ready market at advanced prices.
1
Preserved Ginger.-Local prices fluctuated during the year from $15-$21 per picul for cargo ginger and from $22 - $26. for stem ginger. Exports were well maintained to all markets as will be noted from the following comparative figures of values of quantities exported:-
To United Kingdom
1936.
1937.
$1,064,099
$1,107,427
Australia
*1
408,059
346,913
Holland
11
281,206
202,578
U.S.A.
236,030
142,717
Other Countries
""
364,575
301,331
$2,353,969
$2,100,966
Knitted, Woven & Made-Up Goods.-Local knitting and weaving factories and factories making up garments from imported cloth enjoyed fairly profitable trading conditions during 1937, exports to Empire markets showing notable in- creases as a result of Imperial Preference and (in the case of woven goods) quota regulations imposed by many Empire countries on cloth which is not "spun, woven and finished within the Empire". Local weaving factories, to obtain the
1
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