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SOYBEAN IMPORT SURGE INDIA
El Nino effect: Oilseed imports surge in AprilIndia significantly increased oilseed imports in April, driven by El Nino fears. Soybeans constituted ninety-five percent of these substant...- Road map unveiled for availing duty sops on vehicle imports under UK trade dealIndia has notified importers on seeking government approval for duty concessions. This agreement allows reduced import duties on automotive...
- Deficit shrinks to 15% but uneven rains fan Kharif concernsMonsoon recovery follows a weak June, but uneven distribution persists. Many key agricultural districts still face deficient rainfall, impa...
- El Nino likely to strengthen through 2026, persist into 2027: US forecasterEl Nino is strengthening and will persist through early spring 2027. A very strong El Nino event is expected this autumn. This phenomenon t...
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
- Soybean sowing gains pace, acreage seen surpassing last yearSoybean sowing has accelerated across key Indian states after a monsoon delay. Nearly ninety percent of targeted areas in Madhya Pradesh an...
- Modi govt hurt national interests by letting China capture India's critical industries: CongressCongress president Mallikarjun Kharge accused the government of harming national interests. He cited reports claiming China powers India's ...
- Rainfall deficit narrows to 24%, to boost Kharif sowing in JulyImproved July rainfall has narrowed the country's deficit to twenty-four percent. This development raises hopes for faster kharif sowing ac...
- US wholesale inventories in May revised lowerBusiness inventories have been drawn down for four straight quarters. Economists expect the rebuilding of inventories will blunt some of th...
- India silver import curbs create shortages, push premiums to six-month highIndia's silver import restrictions have caused significant shortages in the domestic market. Premiums have surged to their highest levels i...
- US Forced Labour Hearings: Trump's next tariff threat looms over 60 countries, including IndiaThe United States is considering new tariffs on sixty nations, including India, due to forced labor concerns. Hearings will begin to discus...
- Kharif sowing picks up, but still 21% below last yearKharif sowing lags significantly behind last year due to delayed and uneven monsoon rains. Paddy, pulses, and oilseeds acreage shows substa...
- OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...
- El Niño effect: Bengaluru bans drinking water for car washing, gardening amid monsoon disruptionBengaluru has prohibited the use of drinking water for car washing, gardening, road cleaning and construction activities as the Bangalore W...
- India tightens scrutiny of Chinese herbicide importsIndia is intensifying its watch on glufosinate imports from China, a crucial herbicide. Authorities are investigating if Chinese exporters ...
- India waives customs duty, IGST on imported animals under UK trade pact from July 15India's latest policy change allows for customs duty and IGST exemptions on animals brought into the country for shows and public events st...
- India, China ink edible oil trade pact to boost soybean oil importsIndia's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaborati...
- India corn exports set for three-year high on competitive pricingIndia's corn exports are soaring to a three-year peak, driven by record production and competitive pricing. Lower domestic prices, coupled ...
- Soybean sowing tops 28.9 lakh hectares, says SOPASoybean sowing has significantly surpassed official estimates, with the Soybean Processors Association of India reporting 28.923 lakh hecta...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
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