India’s rice exports fall 26.5% in Apr-July 2019 on subdued demand and weak rupee: APEDA

India’s rice exports in April-July declined 26.5 per cent from a year ago to 3.14 million tonnes, a government body said, as demand for non-basmati rice was subdued from African buyers. The country’s non-basmati rice exports plunged 37 per cent during the period to 1.7 million tonnes, the Agricultural and Processed Food Products Export Development […]

Read more

IGC revises down global grain production forecast

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 […]

Read more

INTERVIEW – India could benefit from U.S.-China trade tensions if it builds capacities

kyle-ryan-687991-unsplash.jpg

By Biman Mukherjee Though US and China recently agreed to resume their trade talks at the recent G-20 summit, analysts say tensions between two of the world’s largest economies are likely to persist in coming months. India may be in a unique position in Asia to actually benefit from the trade situation. Indoasiancommodities.com interviewed Prof […]

Read more

Trade tensions and higher stocks add uncertainty to global cotton market

cotton.jpg

The world cotton market faces continued uncertainty due to the escalating US-China trade war, with prices under additional pressure due to a projected increase in global stocks, the International Cotton Advisory Committee (ICAC) said in its latest monthly report. It said there is some hope that American and Chinese representatives might be able to de-escalate […]

Read more

Global energy investment stabilised above $1.8 trillion in 2018; security and sustainability concerns growing – IEA

Gazprom-2-oil-rig.jpg

Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and […]

Read more

Slower global demand pulls down developing Asia’s growth prospects — ADB

kyle-ryan-687991-unsplash.jpg

Growth remains strong across most of developing Asia but is set to moderate this year and next year against the backdrop of slowing global demand and persistent trade tensions, according to a new Asian Development Bank (ADB) report. The latest Asian Development Outlook (ADO) 2019, ADB’s flagship economic publication, forecasts that growth in the region will soften […]

Read more