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Posted: Tuesday, Nov 10, 2009 at 2215 hrs IST
Updated: Tuesday, Nov 10, 2009 at 2215 hrs IST


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: Apeda gets awards for GrapeNet initiative

Agricultural and Processed Food Products Export Development Authority (Apeda) has won the eASIA award for its GrapeNet traceablity project for ensuring that India’s exports of grapes conform to European Union’s pesticides residues norm. GrapeNet has put in system for monitoring pesticide residue, achieve product standardisation and facilitate tracing back from retail shelves to the farm of the Indian grower, through the various stages of sampling, testing, certification and packing. The eASIA Awards are administrated by Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT), set up under the aegis of United Nations.

PEC tenders to buy palmolein

State-run trading company PEC Ltd has issued an import tender to buy 10,000 tonne of RBD palmolein for November shipment, according to the company’s website www.peclimited.com. The last date to submit bids is November 11, it said. PEC has sought delivery of 7,000 tonne at Chennai port and 3,000 tonne at Tuticorin port. An official of the company told Reuters that PEC was buying on behalf of the southern state government of Tamil Nadu for public distribution through ration shops.

Triveni to crush 4 mt sugar

Triveni Engineering expects to crush 4 million tonne of sugarcane in the current crop year, higher than last year’s level of 3.5 million tonne, its chairman said on Monday. India was likely to import 1-2 million tonne of sugar between April and September 2010, Dhruv Sawhney said. I don’t expect too much raws to come immediately. There is no shortage of sugar for 6-8 months, he told reporters on the sidelines of the World Economic Forum.

Rajshri Sugar import target

South India’s leading producer Rajshri Sugar targets to import 1 lakh tonne of raw sugar in the next one year, but is yet to make any move due to high global prices as compared to domestic rates, a top company official said on Monday. “We target to import 1,00,000 tonne, provided the import is viable,” Rajshri Sugars MD Rajshri Pathy told reporters on the sidelines of India Economic Summit here. At the current global prices of $560 a tonne, she said import will be viable only when mills can sell sugar at Rs 35 a kg. In south India, the ex-mill price currently is Rs 31 a kg. “The government has to ensure this (rise in domestic price) to make import viable,” she added.

Punjab procures 128 lt paddy

Government agencies and private...

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