Elevated arrivals had their impression on tea costs at Coonoor auctions with a reported decline in choices throughout varieties. In line with merchants, the public sale platform is witnessing a declining pattern within the wake of improved manufacturing. Nevertheless, they cautioned that the current unfavourable local weather with heavy winds and rains throughout plantations is … Read more
A 90 per cent drop in vanilla costs over the previous six months has made the spice lose its flavour within the world markets. From round 2023-end, vanilla costs have dropped from $600/kg to $60, particularly when costs of different commodities witnessed a rising development. Trade sources within the home market say vanilla is obtainable … Read more
State-run coal miner Coal India produced 61.8 million tonnes of coal within the month of April, a 7.3 per cent year-on-year rise in comparison with the identical interval final yr. The coal behemoth had produced 57.6 million tonnes of coal in April final yr. All its coal-producing subsidiaries reported larger outputs in April, 2024 in … Read more
The All India Sugar Merchants Affiliation has raised its sugar manufacturing estimated this season (October-September) by 0.4 million tonnes (mt) to 32 mt. It should nonetheless be decrease than the 32.9 mt produced final season. Larger output in Maharashtra and Karnataka is prone to assist in elevating the manufacturing figures, although Uttar Manufacturing will seemingly … Read more
In keeping with the most recent crop estimates launched by the Ministry of Agriculture and Farmers’ Welfare, West Bengal, which was once the highest rice-producing State, has slipped to fourth place within the 2023-24 crop yr (July-June). Nevertheless, even when the inclusion of output from the zaid (summer season) crop in subsequent estimates might enhance … Read more
Sugar mills in Maharashtra have crushed 944.82 lakh tonnes (lt) of sugarcane to this point, producing 95.29 lt of sugar. Out of the whole 207 mills that began operations this sugar season, 22 mills have accomplished their operations. Throughout the identical interval final yr, 211 sugar mills in Maharashtra crushed 998.17 lt of sugarcane, ensuing … Read more
Since our final Large Story on sugar revealed in July 2022, sugar shares have managed a bitter-sweet efficiency. Triveni Engineering and Industries has been the perfect performer with as much as 47 per cent beneficial properties until date, whereas others resembling Balrampur Chini Mills, EID Parry and Bannari Amman noticed their inventory worth rise by … Read more
In a bid to spice up home manufacturing of pulses, Union Piyush Goyal on Thursday mentioned that the farmers are being inspired to diversify into pulses from conventional crops by means of an assured buy contract of 5 years. This initative is being carried out by means of Nafed and NCCF. He additionally mentioned that … Read more
Essar Power Transition (EET) on Thursday stated that its plans for organising a low carbon hydrogen manufacturing facility within the UK has been given the inexperienced gentle. “Cheshire West and Chester Council has permitted groundbreaking plans by EET Hydrogen for the primary giant scale, low carbon hydrogen manufacturing plant (HPP1) within the UK situated on … Read more
The Meals Ministry is banking on the suggestions of the Agriculture Ministry that’s optimistic of a file wheat manufacturing this 12 months to replenish its official reserves. Often called buffer shares, official reserves will seemingly be the bottom within the final 16 years however across the necessary buffer norm as of April 1. “We … Read more