Tensions between China and India amid a military standoff at the disputed northern borders could potentially hurt commodities trade and encourage diversion to illegal channels, Biman Mukherji and Ritwik Sinha report. Chinese factories have reopened following the Covid-19 outbreak, but have to contend with slow demand in most markets. Indian industry is worried that Chinese suppliers […]
A proposed pesticides bill that will replace regulations adopted nearly five decades ago needs more discussion, as some of the provisions are not progressive and would discourage fresh investments in India’s agro-chemical business, a top industry official told Ritwik Sinha in an interview. Asitava Sen, chief executive officer of CorpLife India, an association of leading […]
In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils, sugar and dairy quotations, the UN food agency said in its latest monthly report. However, in the cereals and meat markets, most prices remained under downward pressure amid market uncertainties posed […]
Floods in the northeastern state of Assam have further hit India’s beleaguered tea industry already battling with a lower production due to a national lockdown triggered by the Covid-19 pandemic back in March, industry officials said. They told indoasiancommodities.com that the lockdown would result in an estimated revenue loss of at least Rs 2,100 crore […]
Indian farmers joined an influential traders group on Thursday in a campaign to slash import of goods from China and boost economic self-sufficiency. The calls for reduction of import dependency on China started since the Covid outbreak earlier this year, which disrupted supplies from the world’s second-biggest economy. The movement has gathered intensity following a medieval-style clash […]
India, the world’s largest diamond cutting and polishing centre, is planning to reopen imports of rough stones in a limited way from July after imposing a temporary halt this month, a senior industry official said. Dinesh Navadiya, president of Surat Diamond Association, India”s main centre for cutting, polishing and re-export of diamonds, told indoasiancommodities.com that […]
In the middle of one of India’s worst COVID-affected states Maharashtra, farmer Atul Takte turns to his dusty smartphone for help every time he wants to buy farm inputs or sell his produce online. “This is great. I can even get the latest information on how best to grow papayas,” he says, referring to an […]
Agri-startup Aadvik Foods, known for selling camel milk commercially in India, plans to add new verticals to its product portfolio as it readies to test new innovations in a market recovering from the impact of the Covid-19 pandemic., the founder and chief executive said in an interview. Hitesh Rathi told indoasiancommodities.com that the company was […]
Exports of seafood, a fast-growing segment of India’s trade basket, have started showing signs of recovery after consistent declines witnessed since January this year, and demand trends for the coming months look promising, the chairman of the Marine Products Export Development Authority (MPEDA) said. K.S. Srinivas told indoasiancommodities.com that fish exports had nosedived by a […]
The Covid-19 pandemic is changing food habits in India, and food and dairy companies are getting into the game by launching new products that they say help boost our immune systems to prepare us better to battle the coronavirus, Shampa Bahadur reports. Boosting immune system has never felt more urgent. Since the outbreak of the […]
