Vegetable prices in India plunge by over 40% during the past three weeks on surge in arrivals

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Vegetable prices have declined about 44 per cent over the past three weeks because of a sharp increase in arrivals of new crops. A new trend of farmers and aggregators supplying directly to consumers is being observed as there has been a reduction in mandi arrivals. The data compiled by the National Horticulture Board showed okra […]

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Onion prices decline by 25%; may affect kharif sowing

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The price of onion has declined by 25 per cent during the last fortnight. It is currently trading around the cost of production. The price decline may deter farmers from sowing this politically crucial vegetable in the upcoming kharif season, reports Business Standard. In the benchmark Lasalgaon wholesale mandi in Maharashtra’s Nashik district, onion was […]

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India hikes prices of aviation fuel, LPG

Aviation turbine fuel (ATF) price was hiked by a steep Rs 12,126.75 per kilolitre (kl), or 56.5 per cent, to Rs 33,575.37 per kl in the national capital, according to a price notification by state-owned oil marketing companies. Non-subsidised cooking gas LPG was also raised by Rs 11.5 per cylinder on the back of firming […]

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Malaysian Palm Oil Board to improve ties with India in order to boost crude palm oil prices

Crude palm oil prices may rise to 2,300-2,400 ringgit ($528.37-$551.34) per tonnne in the coming months as Malaysia’s relationship with top importer India improves, industry regulator the Malaysian Palm Oil Board (MPOB) said this week. The newly appointed MPOB Chairman Ahmad Jazlan Yaakub said in a statement the rally will come as a relief to […]

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