Oilmeal exports plummet 60% in April on year

India’s oilmeal exports for April dipped by 60 for every cent to 102,001 tonnes as against two,fifty four,585 tonnes described in the identical month very last calendar year.

Sharing the provisional export data for the month, Solvent Extractors’ Association of India (SEA) stated that the oilmeal exports dipped principally mainly because of the disparity in the export vis-a-vis other origin of oilmeals.

“The increased MSP of soyabean and rapeseed has further more discouraged the exports and the craze may possibly continue on in the coming month also,” SEA stated in a statement on Wednesday.

The Association has also pleaded to

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Tea prices lose steam as arrivals rise

The increase in future offerings in Kochi auctions has hit tea charges, major to a subdued need from Kerala buyers.

This has introduced down the charges and the industry for find finest teas in sale 19 was decreased by ₹2-five a kg. The remainder depreciated by ₹5-ten and occasionally more. It also witnessed whole lot of withdrawals, the auctioneers Forbes, Ewart & Figgis stated.

Even so, trade circles attributed the subdued acquiring of Kerala Condition Civil Materials Company (Supplyco) in the final two trade periods for dragging down the charges. It is pointed out that the Condition-owned organization was active

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Moving to cash | Vanguard


Maria Bruno: There is an prospect price tag to remaining in cash possibly having as well significantly for your portfolio in cash or remaining in cash for as well lengthy. It may experience secure but, essentially, you are remaining in the sidelines and you are foregoing market place participation. So you may experience like you are currently being secure for the reason that you are preserving your revenue. On the other hand, when you believe about inflation about time, you are actually reducing your obtain power for the reason that your portfolio is not able to grow with inflation.

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Telangana’s rising cotton acreage could spell trouble

The Telangana government’s simply call to farmers to mature cotton on 70 lakh acres as versus the regular space of 40-forty five lakh acres came in as a shock to cotton sector watchers in the State.

4 many years back, the State launched a marketing campaign ‘Patti Vaddu, Soya Muddu’ (Say no to cotton, say sure to soya), with a target to lessen the cotton production by 30 for every cent when the State was developing the fibre crop on 40 lakh acres.

The govt experienced then argued that there were no takers for cotton in the domestic and global

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EU raises restrictions on capsicum imports from India, Pakistan

The EU has raised the constraints on capsicum imported from India and Pakistan thanks to large charge of non-compliance with pesticide norms producing it mandatory for shipments to be accompanied by an formal certificate stating that the items have been cost-free of pesticide residues.

For curry leaves imported from India, having said that, the EU observed that the frequency of non-compliance with rules had declined and the before requirement for mandatory certification could be discontinued, a governing administration formal informed BusinessLine.

The bloc, in a notification to the World Trade Organisation specifying new constraints on different members, argued that

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