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Agri Commodities

Positive Signals For Vietnamese Rice Exports In 2023

Vietnam is the second biggest rice exporter in the world and the country ranks behind India(the world’s largest rice exporter) in the case of rice exports. Rice production and exports in Vietnam have received several good news and according to the Vietnamese Food Association (VFA), the exports of Vietnamese rice stand at their highest level. 

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Agri Commodities

AISTA Pegs India’s 2022-23 Sugar Production To Be At 34.5 Million Tonnes, 3.6% Lower Than Last Year

AISTA Pegs India’s 2022-23 Sugar Production To Be At 34.5 Million Tonnes, 3.6% Lower Than Last Year

India is the largest sugar producer in the world, and the Asian nation ranks 2nd behind Brazil in terms of sugar exports.

The Sugar Production Estimates

All India Sugar Traders Association (AISTA), a body of traders and exporters, has estimated India’s sugar production at 34.5 million metric tonnes (MMT) for the current season (October 2022 -September 2023).

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Agri Commodities Sugar Exporters

ECC Approves Export Of 2,50,000 Tonnes Of Sugar

ECC Approves Export Of 2,50,000 Tonnes Of Sugar

The Economic Coordination Committee (ECC) is Pakistan’s principal federal institution and a consultative forum used by the country’s Prime Minister as its chairman for matters concerning the nation’s economic security and issues concerning geo-economic, political-economic, and financial endowment.

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Agri Commodities

GOI’s Paddy Procurement Rises By 10% To 541.90 Lakh Tonnes So Far In The Ongoing Kharif Marketing Season: Food Ministry Data

GOI’s Paddy Procurement Rises By 10% To 541.90 Lakh Tonnes So Far In The Ongoing Kharif Marketing Season: Food Ministry Data

Located in Asia, India is the second largest rice producer, ranking behind China and the largest rice exporter in the world. Different varieties of Indian rice enjoy high demand in the global markets and owing to this, India holds a mammoth 40% share in the global rice trade.

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Uncategorized

Rice Prices Up By 15% In Indian Markets, Palm Oil Prices On The Rise As Well

Rice Prices Up By 15% In Indian markets, Palm Oil Prices On The Rise As Well

With waning impact of covid-19, people had high hopes from the year 2022. Almost all expected the year to support recovery after the covid-19 pandemic wreaked havoc and disrupted lives in the last couple of years. However, the year drifted far away from people’s pre-conceived notions.

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Rice

Cambodia’s Milled Rice Exports Witnesses A 3.2% Rise In 2022

Rice is the principal crop for Cambodian farmers and the staple accounts for around 75% of the arable land and 15% of the agricultural value added. And located in East Asia, China remained the largest buyer of Cambodia’s rice during the January-June period in 2022. As per the Ministry of Agriculture, Forestry, and Fisheries, Rice Exporters to China accounted for 51.4% of the country’s total exports of the commodity. India, Thailand, and Vietnam are major competitors of Cambodia in the global rice trade. 

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Sugar Exporters

Increased Sugar Production May Force GOI To Allow Additional Sugar Export Quota In January

Located in Asia, India is the largest sugar producer in the world, and the Asian nation ranks second, behind Brazil in terms of exports of sugar. The Indian Government may consider raising the Sugar Exporter quota for the 2022-23 fiscal year in January after the December’22 production figures are out. 

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Agri Commodities

Bangladesh To Import 1 Lakh Metric Tonnes Of Rice From India And Singapore

Bangladesh To Import 1 Lakh Metric Tonnes Of Rice From India And Singapore

With wide-scale immunization and the deteriorating impact of covid-19, people had high hopes from the year 2022. They expected the year to support recovery in every aspect especially after Covid-19 disrupted normal function in the last couple of years.

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Agri Commodities

India’s Agricultural & Processed Food Products Exports Up By 16% YoY For April-November Period

India’s Agricultural & Processed Food Products Exports Up By 16% YoY For April-November Period

The exports of agricultural & processed food products from India witnessed a 16% rise in the months of April-November 22 in the current fiscal year from a year ago. 

India’s Agricultural Exports 

As per the latest data released by the Ministry of Commerce and Industry, 74% of the annual agricultural goods export target has been met in 8 months of the current fiscal with the help of initiatives taken up by APEDA which works under the ministry. 

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Agri Commodities

Freight Solutions That Are Best For Transport In Agro Commodity Export Industry

Freight Solutions That Are Best For Transport In Agro Commodity Export Industry

As per the Commerce Ministry of India, amid a surge in demand for agricultural commodities from the country, India’s Agri Commodities Exports crossed $50 billion in FY22. The exports would be the highest ever and are expected to rise even further to record heights but profitability may be affected due to the costs of logistics that organizations may incur. 

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