Diamond prices falling; Bank credit to Indian diamond players drops drastically: Rapaport report

Diamonds.jpg

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 […]

Read more

Australia accuses India of breaching WTO limits by its sugarcane subsidy

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 […]

Read more

The FAO price index for May 2018

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 […]

Read more

Data – FAO food price index

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 […]

Read more

Global food prices fell in December, but up for the whole year – FAO

8593860559_64cfa111b8_o.jpg

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 […]

Read more

FAO Food Price Index mildly up in September

vegetable-oils-1.jpg

» 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 […]

Read more