Europe on the brink of sugar deluge as quotas end.
Ram Gopal Yadav (9 years ago)

Europe is about to get a lot sweeter. After a decade of quotas, sugar firms in the European Union can now produce and export as much as they want. Companies such as France’s Tereos and Germany’s Suedzucker AG have been ramping up operations to get ready for the change, which will help fuel a global sugar glut. The scrapping of quotas may also lead to major changes in the global sugar trade. With increased EU production, there will be less need to import supplies from places like Africa and the Caribbean. While the industry has been readying for the change for years, it may further pressure prices that have dropped 28 percent in 2017, the worst performance in a Bloomberg index of 22 commodities. In the EU, the sugar-beet harvest is now in full swing and tests are showing higher-than-average yields in France and Germany, the region’s top growers.

Pulses import at Tuticorin port down 59% on month at 20,324 tn Aug.
Ram Gopal Yadav (9 years ago)

Import of pulses at Tuticorin port more than halved on month to 20,324 tn in August. The sharp decline in the reporting month comes after the government capped imports of some pulses such as urad, tur and moong. The government restricted annual import of urad and moong to 300,000 tn each, while the limit for tur was set at 200,000 tn. A fall in imports of peas and moong also contributed to the overall decline in shipments into India.

India gram fall on sluggish demand from retailers.
Ram Gopal Yadav (9 years ago)

Prices of gram drifted lower at the wholesale pulses market today on subdued demand from retailers. However, masoor and its dal edged up on scattered enquiries. Muted demand from retailers against adequate stocks position mainly led to decline in gram and arhar prices.