The availability of smuggled Vietnam pepper from Myanmar and Nepal has curtailed the demand in Jharkhand and Bihar markets, HinduBusinessline reports. Traders are slow in procuring from the domestic market, as they can source the imported stuff at lower prices with hardly any GST in cash and carry mode. Vietnam pepper is priced at Rs.150 a […]
FAO’s forecast for 2020 world wheat production points to an output of roughly 762.6 million tonnes, a comparable level to the 2019 production which, if materialized, would be the second highest on record. The UN food agency said smaller harvests are expected in the European Union, North Africa, Ukraine and the United States of America. These declines will […]
Barely 20,000 grape growers across the country have registered under GrapeNet. GrapeNet is an internet-based electronic service offered by APEDA to stakeholders for facilitating testing and certification of grapes export from India. Last year, the number of growers had exceeded 38,000, top officials of All India Grape Exporters Association stated too Financial Express. According to […]
India’s basmati rice shipments declined by a tenth at $2.22 billion during April- October 2019-20 on lower volumes, despite a marginal increase in per unit realisation, according to the latest figures released by the Agricultural and Processed Foods Export Development Authority (APEDA) under the Commerce Ministry. Exports of basmati stood at $2.47 billion in the […]
India’s crude steel output fell 3.4 per cent to 9.089 million tonnes during October this year, according to World Steel Association (worldsteel). The country had produced 9.408 million tonnes crude steel during the same month a year-ago, the global industry body said in its latest report. Global steel output stood at 151.494 million tonnes in […]
The European Union launched a complaint at the World Trade Organization (WTO) on Friday against Indonesia’s curbs on exporting nickel and other raw materials, which are designed to benefit its own smelting and stainless steel industries, as per a Reuters report. The European Commission, which coordinates trade policy in the 28-member EU, said the restrictions […]
The International Grains Council (IGC) has raised its forecast for world total grains (wheat and coarse grains) production in 2019/20 by 5 million tonnes month-on-month to 2,162 million tonnes, mainly because of an upgrade for maize. Reflecting better than expected yields, but slightly smaller than predicted harvested area, the outlook for the US maize crop […]
A European Union rejection turned out to be a watershed moment for an entrepreneur’s endeavours who then converted his private grape export company to full-fledged farmer’s cooperative, which is now also India’s largest grape exporter, reports Financial Express. When a consignment from his company was turned down by the EU due to compliance failure in […]
China lifted its annual rare earth output quotas on Friday by 10 per cent to record-high levels for 2019, potentially easing fears the world’s dominant producer of the group of 17 prized minerals will restrict supply. Beijing in late May raised the prospect of weaponising its control of rare earths, used in everything from consumer […]
The International Grains Council (IGC) has cut its 2019/20 forecast for total grain production, which comprises wheat and coarse grains, to 2148 million tonnes, down 8 million tonnes from the June estimate. The inter-governmental body lowered its 2019/20 global wheat crop forecast by 6 million tonnes to 763 million tonnes, reflecting diminished crop outlooks in […]
