FE Commodities

Maharashtra’s procurement scheme for pulses comes to standstill on poor arrival

Maharashtra's pulses procurement programme for moong and urad and oilseeds, including soyabean, has almost come to a standstill on poor arrivals in the market and prices hovering around the Minimum Support Price (MSP).

Maharashtra dairies to withhold subsidy till dues are cleared

Dairies in Maharashtra had waited till November 30 for pending dues of Rs 100 crore under the state government subsidy scheme and had threatened to pull out of the scheme.

In a first, Gujarat onion traders & producers start private APMC

All India Dehydration Association has stared a separate trading market near the APMC.

PM Modi sees India’s gas usage rising 2.5 times by 2030

About 400 districts will have access to city gas distribution facility in 2-3 years, PM says

Seafood exports likely to remain flat: Report

India is the second largest fish producer in the world after China and accounts for nearly 6% of global fish production.

Online residue report to make grapes export easier, curb farmers’ exploitation

Apeda has created a separate link on its website where the farmer has to enter the registration number of the garden to login into a page and the residue report of his orchard will be immediately avai

CCI cotton procurement yet to pick up as prices above MSP

Cotton Corporation of India (CCI) has started procurement of cotton at Minimum Support Price (MSP) from farmers in Warangal district and Mehboob Nagar of Telangana.

Pomegranate exports likely to run into EU roadblock

With a bumper pomegranate season in full swing, around 85,000 tonne is expected to be exported during 2018-19 season.

ADNOC looks to explore crude storage in Karnataka

A week after the Cabinet approved filling the underground strategic oil reserve at Padur in Karnataka by foreign oil companies, Abu Dhabi National Oil Co (ADNOC) on Monday signed an initial agreement

Sugar mills submit false FRP reports: Maharashtra farmers

Farmer organisations in Maharashtra are up in arms over the issue of pending Fair and Remunerative Price (FRP) payments to farmers. Farmer body Swabhimani Shetkari Sanghatana claims that several sugar

Crude steel production up 5.2% at 61.1 MT this fiscal

The current trends in the global economy are highly influenced by the conflicting events in the political scenario of major economies.

Kerala plantations may take 5 years to recover from losses due to rains

The unprecedented monsoon and subsequent flood have caused widespread damages to the plantation sector and it may take the state more than five years to recoup the loss, Association of Planters of Ker

Tripura to give 10,000 cows to farmers via bank loans: CM Biplab Kumar Deb

The government will also take measures to procure milk and arrange marketing, he said, adding that the project would be operational by December this year.

Jewellers’ body alleges harassment by govt officials ahead of Diwali

The All India Gem and Jewellery Domestic Council (GJC) is a national trade federation for the promotion and growth of trade in gems and jewellery across India.

Diwali bonanza: Gold business in Kerala set to ride recovery wave

Kerala accounts for about 15% of the country’s gold jewellery demand and has the highest gold consuming state, second only to Tamil Nadu. India’s annual gold jewellery demand is around 600 tonne.

Govt approves norms for Operation Greens

The programme was announced in the Union Budget 2018-19 with an outlay of `500 crore to stabilise the supply and prices of tomato, onion and potato (TOP) crops.

Buyers of commodities demand good quality products: Sushim Banerjee

In order to frame standards and codes in various commodities and thereby specify the chemical and mechanical properties of the item when used individually or in combination with other commodities, the

Piyush Goyal sets output target of 2.5 mt per day for Coal India

Coal India supplied 22.20 mt more coal to the power sector during April to October this fiscal than what it did a year ago during the same period. Coal offtake to India’s thermal power plants from C

Procurement of moong, urad picks up pace in Maharashtra

Moong (green gram) and urad (black gram) procurement in Maharashtra at minimum support price (MSP) is slowly gathering pace. Some 6,581.847 quintals of moong have been procured from 1,164 farmers by t

Cane price: Maharashtra mills not to crush after demand for higher installment

Following this decision, 70-80 mills in Kolhapur, Sangli, Satara and Karnataka have not started crushing operations. Some of the mills that had commenced crushing have also decided to stop, industry s

Tamil Nadu begins export of long-shelf, high-quality bananas to Europe

Tamil Nadu has started the export of long-shelf, high-quality bananas to Europe. Developed with an Italian technology, the first batch of the ‘Grand Naine’ range of bananas will be exported to Ita

After ten quarters of losses, Bank of Maharashtra posts Rs 27-crore profit in July-September

After 10 consecutive quarter of losses, Bank of Maharashtra has posted net profit of `27 crore during the Q2FY19. The bank had reported a net loss of `23.24 crore in the same quarter previous year.

Clear FRP dues and then crush: Maharashtra farmers to sugar mills

Nearly 20 sugar factories in the state still owe farmers Fair and Remunerative Price (FRP) dues to the tune of `125 crore and their crushing licenses for the season of 2018-19 have been withheld by th

Recovery in natural rubber prices unlikely in 2019 due to demand-supply fundamental

Demand-supply fundamental along with other factors do not favour a recovery in natural rubber (NR) prices during 2019, Jom Jacob, senior economist of Association of Natural Rubber Producing Countries

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