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Trade

Govt reduces basic import duty on edible oil by 5%

The decision is expected to augment the earlier measures taken by the Government to reduce the prices of Edible Oils in the domestic market To ensure the availability of edible…

EcoCeres ships agri-waste-produced cellulosic ethanol shipment to Europe

The shipment consists of 850 tons of cellulosic ethanol made from agricultural waste primarily corn cobs EcoCeres, Inc., an Asia-based innovative bio-refinery company announced the first shipment of 100 per cent…

India to export grains to Nepal, Indonesia, Senegal and Gambia

To keep prices down last year India banned wheat and broken rice exports and imposed a 20 per cent export duty on non-basmati rice varieties India will export around 1.05…

India’s agrochemical exports hit a record high of Rs 43,223 Cr in FY 2022-23

Export has grown at an impressive CAGR of 13 per cent, which is among the highest in the manufacturing sector. As per the data issued by the Ministry of Commerce…

Hong Kong curbs import of chicken eggs from India

Due to outbreaks of highly pathogenic H5N1 avian influenza in Bihar India The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department in Hong Kong has announced…

DFPD reviews edible oil prices in a meeting with stakeholders

The leading Edible Oil Associations were advised to take up the issue with their members immediately and ensure that the MRP of each oil is reduced in line with the…

SABIC and IFFCO collaborate for low-carbon Ammonia for fertiliser production

SABIC Agri-Nutrients is the first company to introduce Low Carbon Ammonia to the Indian fertiliser sector Saudi Arabia’s SABIC Agri-Nutrients Company (SABIC AN), has sent 5,000 metric tons of the…

India’s shrimp exports revenue to grow 5% in 2024: CRISIL

India’s shrimp exports to China are likely to cross $ 1.2 billion this fiscal compared to $ 0.8 billion in the previous financial year The shrimp sector will see revenue…

Ecuador to hold Second Shrimp Summit in June 2023

North America, Europe, and Japan have confirmed their participation The Aquaculture Stewardship Council (ASC) and Sustainable Shrimp Partnership (SSP) are hosting ASC Shrimp Summit on June 12-14, 2023. This year,…

India to import Hass avocados from Australia

The announcement was made in a Joint Statement by the Australian Prime Minister and the Prime Minister of India in March 2023 Australian Hass avocados have received provisional access to the Indian…

Bunge to acquire Louisiana State-of-the-Art refinery from Fuji Oil      

This transaction will provide Bunge with a scalable, complementary port-based footprint capable of connecting North American food, feed and fuel customers to global markets Bunge, a global leader in agribusiness,…

Rivulis Pte. Ltd completes acquisition of Jain Irrigation’s International Irrigation Business

Rivulis will finance the acquisition with additional investment from Temasek as well as newly issued shares to Jain India. Singapore based Rivulis Pte. Ltd. has announced that it has received…

FAO Food Price Index drops 2.1% for 12 months in a row

The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities The benchmark index of international food commodity prices declined for the 12th consecutive month in…

Telangana’s agri export up by 40% reaches Rs 10000 crore.

Telangana exported spices, cereal, cotton, meat and other things Telangana’s agriculture export increased by 40 per cent from 2020 to 2022 reaching Rs 10, 000 crore. Telangana exported spices, cereal,…

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