-The Hindu Business Line Shipments may top 30 lt by June; consignments will include new crop Indian wheat exporters have signed deals to export at least 5.5 lakh tonnes (lt) over the next couple of months as nations in South Asia, South-East Asia and West Asia are looking to New Delhi to meet their requirements for food and feed in view of the Ukraine-Russia crisis. “We have demand for Indian wheat from March-April....
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Cooking Oil May Become Costlier Due to Russia-Ukraine War. Know Why
-News18.com Edible oil prices have been climbing unabated globally and in India since the onset of the pandemic. Here's why the Russia-Ukraine War could further drive up cooking oil prices in India Cooking oil price to increase: Prices of cooking oil are set to soar in India as a result of the ongoing crisis between the two top producers and exporters of sunflower oil — Russia and Ukraine. A war between the...
More »Demand for lower cotton prices is not justified -A Narayanamoorthy
-The Hindu Business Line The textile industry’s vociferous demands will hit cotton farmers, who are facing the brunt of rising costs The recent rise in the price of cotton yarn seems to have hit the textile manufacturers hard, so, a large section of participants involved in value chain products of cotton has called on the government to take measures to arrest the price rise. While demanding higher taxes on cotton exports, they have...
More »India reaps high growth from agriculture, allied products in FY22 -Subhayan Chakraborty
-Moneycontrol.com An intense focus on securing market access abroad and promoting Indian goods saw dozens of new products including Himachali millets and Chandauli’s black rice being shipped from India to several new destinations such as the UAE, and Denmark India’s agriculture and allied exports grew at a brisk 21 percent in the first eight months of the current financial year despite broken supply chains and various challenges brought about by the COVID-19...
More »Centre imposes stock limits on edible oils to soften the prices of edible oils in the domestic market
-Press Information Bureau/ Ministry of Consumer Affairs, Food & Public Distribution The Department of Food and Public Distribution in a landmark decision has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was...
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