November 2, 2018

Tur outlook Firm in near term

Ram Gopal YadavNovember 2, 2018 (6 years ago)

Due to fears that output in Maharashtra and Karnataka, the top two producing states, may fall 30-50% due to drought. Maharashtra and Karnataka together account for around 40% of the country’s 4-mln-tn tur production. Recently,NAFED also […]

SOPA urges govt not to cut import duty on palm oil under trade pacts

Swati KushwahaNovember 2, 2018 (6 years ago)

Soybean Processors Association of India has requested the government not to cut import duty on crude and refined palm oils to comply with trade pacts signed with Southeast Asian countries. “We have taken up the matter […]

India Spices: Jeera, turmeric fall on profit taking, coriander gains

Swati KushwahaNovember 2, 2018 (6 years ago)

Barring coriander and mentha oil, futures contracts of all other spices ended lower today on the domestic exchanges. Jeera and turmeric ended down on the National Commodity and Derivatives Exchange because of profit booking. Jeera had risen to a 10-month high […]

Sugar import from India to be duty-free

Swati KushwahaNovember 2, 2018 (6 years ago)

The commerce ministry yesterday agreed to withdraw the 40 percent duty on sugar imports from India, much to the ire of the local refiners. Until now, Bangladesh has kept sugar out of the South Asian Free […]

Global cues drag soy complex

Swati KushwahaNovember 2, 2018 (6 years ago)

Weak global cues, physical demand and the proposed reduction in Customs duty on palm oil from December had a bearing on majority of oils in the Indore mandis with palm oil declining to ₹715 for 10 kg. […]