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 January 2018, while 3-carat gems fell by 1.8% last month and 5.9% compared to last year. Smaller diamonds saw a less steep decline in prices as 0.5-carat rocks fell by […]
Australia has claimed that India’s annual subsidies to sugarcane producers have breached the allowed limits by as much as ten-fold in the past six years, Australia told the World Trade Organization in a document published by the world body. Australia claims that India had not reported any subsidies for sugarcane or its derived products since […]
In India prices of key food items from vegetables to sugar and pulses continue to run well below last year, keeping retail inflation below the central bank, RBI’s target for the third consecutive month. Inflation as measured by the Consumer Price Index (CPI) stood at 3.31 per cent in October 2018 compared to 3.70 per […]
Goans in western India have been hit once again as prices of commodities continue to escalate, this time the tomato and chilli being the culprits. Prices of these basic kitchen ingredients has doubled in the retail market over the past week. While tomatoes are being sold in retail markets at Rs 40 per kg, chillies […]
The FAO Food Price Index averaged 176.2 points in May 2018, up 2.2 points (1.2 percent) from April level and hitting its highest level since October 2017. The increase in May reflected a continued steep rise in dairy price quotations, while those of cereals also rose, albeit at a slower pace. By contrast, vegetable oil and sugar […]
The FAO Food Price Index (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7 percent from the corresponding period last year. While the prices of most cereals and dairy products continued to increase in April, sugar prices fell further. Vegetable oil and meat markets also remained under downward pressure. » The FAO […]
After hitting a low of Rs 150-155 a kg at the Unjha spot market in North Gujarat in March, Jeera prices are on an upward journey, as arrivals have shrunk and export orders have picked up. The spice commodity’s prospects turned bearish after various trade bodies estimated higher production – in the range of 3.75-4.40 […]
Global food prices declined in December, led by sharp decreases for vegetable oils and dairy products, according to the latest FAO Food Price Index. The index, a measure of the monthly change in international prices of a basket of food commodities, stood at 169.8 points in December 2017, down 3.3 percent from November, the U.N. food […]
India’s wholesale price inflation (WPI) grew to 3.59 per cent, hitting a six-month high in October due to increase in prices of food and fuel products. The WPI recorded a 2.6% jump in September and 1.27% in October, a year ago. The latest government data showed inflation in food articles more than doubled to 4.30 […]
» The FAO Food Price Index* (FFPI) averaged 178.4 points in September 2017, up 1.4 points (0.8 percent) from August and 7.4 points (4.3 percent) above September 2016. Firmer prices in the vegetable oil and dairy sectors were behind the small month-on-month rise in the value of the FFPI. » The FAO Cereal Price Index averaged 152.2 points […]