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Saturday, October 5, 2024

Tag: MEP

UN food price index soars to 18-month high in September, driven by rising sugar prices

News
The United Nations' world food price index surged in September, according to data released on Friday, recording its largest increase in 18 months due to rising sugar prices. The͏͏ price͏͏ index,͏͏ created͏͏ by͏͏ the͏͏ U.N.͏͏ Food͏͏ and͏͏...

Vegetarian thali prices surge 11% YoY; non-vegetarian thalis report 2% decline

News
The cost of home-cooked vegetarian thalis increased by 11% year-on-year in September, while non-vegetarian thalis saw a 2% decline, according to Crisil. The͏͏ increase͏͏ in͏͏ vegetarian͏͏ thali͏͏ prices͏͏ was͏͏ mainly͏͏ driven͏͏ by͏͏ rising͏͏ vegetable͏͏ costs.͏͏ Onions,͏͏ potatoes,͏͏...

Basmati rice export prices fall below govt minimum, global buyers remain cautious

News
The export price of basmati rice has dropped significantly below the govt's established minimum export price of $950 per tonne, to a range of...

Onion prices plunge by 50% following govt ban on exports

News
Following the government's decision to prohibit onion exports on December 7, wholesale markets have witnessed a significant 50% decline in onion prices. Traders anticipate...

Relief for consumers: Onion prices to fall below INR 40 per kg by January

News
On Monday, Consumer Affairs Secretary Rohit Kumar Singh announced that the government anticipates a drop in onion prices to go below INR 40 per...

Govt grants extension for onion exports until November 30, clarifies criteria for eligibility

News
On Thursday, the government provided clarification that onion shipments, which have been submitted to customs authorities and recorded in their systems prior to October...

India resumes basmati rice exports with 500,000 metric tons deal amidst price adjustments

News
India inked deals to export approximately 500,000 metric tons of freshly harvested basmati rice, capitalizing on strong demand from leading purchasers in Europe and...

Govt slashes minimum export price of Basmati Rice by $250 per tonne

News
On Thursday, the Central government decided to lower the minimum export price for basmati rice from $1,200 per tonne to $950 per tonne due...

Basmati exporters hit pause on purchases to protest government pricing curbs

News
Rice exporters and millers dealing in Basmati rice from Haryana, Punjab, and western Uttar Pradesh have halted their purchases from 300 wholesale markets across...

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