Cotton Corporation of India halts procurement as cotton prices move up
Cotton procurement by state-run Cotton Corporation of India (CCI) has almost come to a standstill as prices have firmed up in the open market. CCI has procured …
Mango exports may hit 50,000 tonne this season; South Korea, Malaysia among new markets
With a good harvest expected this season, the country’s mango exports is expected to cross 50,000 tonnes. Last season, India exported some 40,000 tonnes. …
Subdued user demand may stifle rebound in steel production in India
After a slow start to the year, steel production in India picked up in February, rising 5.7% from a year ago. Data from the joint plant committee compiled by …
U.S. to lead global oil supply growth, no peak in oil demand in sight – IEA
The United States will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, triggering a rapid …
Global cotton consumption growth projected to slow to 0.04% in 2018/19
Global cotton consumption is projected to post its third straight year of growth — but just barely, with an expected increase of only 0.04%, the …
India’s domestic steel firms set to hike prices by Rs 1,000 a tonne from March 1, 2019; third rise since February 2019
Prompted by strong demand growth in the domestic market, steel producers are set to hike product prices by Rs 1,000 a tonne from March 1. This will be the …
Interview – Diverse horticulture produce creating supply chain challenges for India
Production of a wide variety of fruits and vegetables is creating supply chain challenges in India even as the government works towards doubling farm income by …
Dry seasonal conditions cut Australia’s summer crop prospects; wheat output down to 11-year low
Drier and warmer than average seasonal conditions in cropping regions in Queensland and northern New South Wales during December and January have reduced …
Wheat prices in India likely to drop on bumper crop forecast
Wheat prices in the spot market are expected to remain steady for the next one month before gradually declining in February on forecast of a good crop and huge …
Diamond prices falling; Bank credit to Indian diamond players drops drastically: Rapaport report
A report made public by Rapaport reveals that polished-diamond prices softened in January, with 1-carat stones falling by 0.4% last month and 1.8% compared to …