Crude oil stocks in Saudi Arabia rebound from record low, despite increase in exports

Saudi Arabia’s crude oil stockpiles rebounded in September after hitting their lowest on record in August, as the country boosted production while using much less for power generation and slightly reducing refinery runs, data from the Joint Organizations Data Initiative showed. Saudi Arabia exported 6.516 million barrels per day (b/d) of crude in September, its […]

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India’s exports of agriculture, processed food products up by14.7% to $ 11.65 billion in April-October 2021

Exports of agricultural and processed food products from India rose by 14.7 per cent to $ 11.65 billion during the April-October period on the back of healthy growth in commodities including rice, and fresh fruits and vegetables, the commerce ministry said. The export of rice has increased to USD 5.28 billion during the first seven […]

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Sugar production in India reaches 21 lakh tonness in November till now: ISMA

Sugar production in the country between October 1 and November 15 for the current sugar season has touched 20.90 lakh tonnes, as many sugar mills began crushing operations early. Last year, sugar mills had produced 16.82 lakh tonnes in the same period. Compared to 289 sugar factories, which were crushing sugarcane till November 15, 308 […]

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India’s share of exports declines among developing countries in 2020: WTO report

India slipped to eighth position in 2020 in terms of its share of merchandise exports among developing economies, according to a World Trade Organization report. India’s ranking translates into a share of 3.6 per cent with respect to top 15 developing economies’ merchandise exporters, lower than its share of 3.9 per cent in 2018 as […]

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Political and economic turmoil in neighbouring countries may adversely impact India’s sugar exports this season

The Secretary for Food and Public Distribution, Sudhanshu Pandey warned of challenges in sugar exports from India in the 2021-22 season even though 1.8 million tonnes had already been contracted at the start of the season itself. Addressing the All India Sugar Traders Association (AISTA) on global sugar, he said that last year India was […]

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