India bought canola oil for delivery in August for the first time in nearly five years, as local prices hit a three and a half-year high, making overseas purchases lucrative, industry officials told Reuters.
India imports canola oil after 5 years as local prices surge
Indian rapeseed meal exports soar as China replaces Canadian canola supply
China placed Canadian canola oil, meal under a 100 per cent tariff in March
China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said.
China boosts Indian rapeseed meal purchases after tariff on Canadian canola imports
China has bought 52,000 tons of Indian rapeseed meal in the past three weeks after Chinese authorities imposed a 100 per cent retaliatory tariff on Canadian canola imports, industry sources said.
India faces warmer February, winter crops at risk
India is set to see above-average temperatures in February after a warmer than normal January, the weather office said on Friday, posing a risk to key winter-sown crops such as wheat, rapeseed and chickpeas.
Modi’s inflation-blowing farm pivot may not be enough to win key Indian state
Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs on rice and onion exports, but that may not prove enough for him to sway an election on Wednesday in a key state.
Indian farmers say detentions foil Delhi protest, police say no one held
Protest leaders urged farmers to take busses, trains to capital as tractors were blocked
Dozens of protesting Indian farmers were detained en route to New Delhi on Wednesday, delaying their plan again to converge on the capital to demand higher crop prices, protest leaders said.
Indian farmers plan to enter New Delhi to intensify protests
Thousands of demonstrating farmers with tractors are stuck at police barricades
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.
India bans wheat exports as heat wave hurts crop, domestic prices soar
Ban could push global wheat prices to new peaks
Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices […] Read more
India sells record 1.4 million tonnes of wheat in April
Sales surge on unavailability of Black Sea supplies
New Delhi | Reuters — India exported a record 1.4 million tonnes of wheat in April, four trade sources said, providing some relief to grain markets as buyers scramble for […] Read more
Indonesia’s palm oil export ban seen short-lived on limited storage
Jakarta/Mumbai | Reuters — Indonesia’s ban on palm oil exports is unlikely to last more than a month as Jakarta has limited infrastructure to store the surplus oil and the […] Read more
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