Mustard crushing down 5 on year to 450 000 tn in Nov

India, Dec. 6 -- Mustard Oil mills In India crushed 450 000 tn of the oilseed in November down by 5. 3% on year according to data compiled by the Mustard Oil Producers Association of India. On a month... Read More

Rubber conveyor belts demand in Asia Pacific to hit 4.4 bn by 2022 report

India, Dec. 6 -- Demand for rubber conveyor belts in the Asia/Pacific region is forecast to advance 6. 9% annually through 2022 to $4.4 billion according to a new study from The Freedonia Group a Clev... Read More

India s Oilmeals export down 16 in November

India, Dec. 6 -- India's exports of oilmeals during November 2018 provisionally reported at 311 739 tons compared to 369 522 tons in November 2017 down by 16% according to data published by the Solven... Read More

Wheat acreage likely to increase despite scanty rain

India, Dec. 6 -- Wheat plantation is likely to increase this year in India despite ample rain in the central states as higher Minimum Support Price (MSP) and bonus incentives offered by some states ar... Read More

Fitch cuts India s growth forecast to 7.2 for FY19

India, Dec. 6 -- Fitch Ratings has lowered India's GDP growth forecast to 7. 2% for current fiscal citing higher financing cost and reduced credit availability.In its Global Economic Outlook Fitch pro... Read More

SEA opposes extension of trading hours for Commodity derivatives

India, Dec. 5 -- The Solvent Extractors Association of India (SEA) has written to markets regulator Sebi stating that the current trading time is good enough and there is no need to extend the trading... Read More

Onion price at India s largest wholesale market crash on poor demand

India, Nov. 28 -- Onion price at the country's largest wholesale market at Lasalgaon Agriculture Produce Market Committee (APMC) crashed with poor demand. Average wholesale price of summer Onions drop... Read More

Gujarat Cotton price slump due to low demand

India, Nov. 28 -- Appreciating rupee against dollar coupled with lower demand has pulled down Cotton price in Gujarat. The price of benchmark Shankar-6 Cotton variety has gone down by Rs 1400-1700 per... Read More

India s Cotton output may fall 2 to 361 lakh bales CAB

India, Nov. 28 -- India's Cotton output will be 2 per cent lower in the 2018-19 crop season at 361 lakh bales (of 170 kg each) against 370 lakh bales logged in during the same period last year accordi... Read More

Indonesia to scrap Palm Oil export levy amid declining price

India, Nov. 28 -- Indonesia has decided to cut is palm oil levy to zero due to the current low prices for the vegetable oil the country s coordinating ministry for economic affairs said. After long di... Read More