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Mar 5, 2015

Natural rubber output to resume growth in 2015, China imports to drop -ANRPC

KOCHI, India, March 5 (Reuters) – Global natural rubber
output could jump over 5 percent this year after posting its
first drop in a half-decade in 2014, as a price rebound prompts
more tapping in key producers Thailand, Vietnam and India, a top
industry official said.

The Association of Natural Rubber Producing Countries
(ANRPC) expects international output of 11.18 million tonnes in
2015, its secretary-general told Reuters.

Mar 4, 2015

India’s rubber imports could rise 18 pct on lower global prices

KOCHI, India, March 4 (Reuters) – India’s natural rubber
imports could rise nearly 18 percent to a record 500,000 tonnes
in the next financial year, buoyed by rising local consumption
and lower prices overseas, industry officials said on Wednesday.

Higher imports by the world’s second-biggest consumer of
rubber could support global prices, which have risen by
more than a quarter since hitting their lowest level in more
than five years last September.

Feb 28, 2015

Regulatory shakeup could revive commodities markets

MUMBAI (Reuters) – India on Saturday proposed to merge its commodity market regulator with the capital market watchdog, aiming to strengthen regulation in a move which could help open the commodity futures market to institutional investors.

Responding to the measure, shares of Multi Commodity Exchange of India Ltd, India’s biggest commodity exchange and its only listed commodity trading venue, jumped as much as 15 percent.

Feb 28, 2015

India’s regulatory shakeup could revive commodities markets

MUMBAI, Feb 28 (Reuters) – India on Saturday proposed to
merge its commodity market regulator with the capital market
watchdog, aiming to strengthen regulation in a move which could
help open the commodity futures market to institutional
investors.

Responding to the measure, shares of Multi Commodity
Exchange of India Ltd, India’s biggest commodity
exchange and its only listed commodity trading venue, jumped as
much as 15 percent.

Feb 11, 2015

Sugar mills make distress sales to pay farmers

MUMBAI (Reuters) – India’s cash-strapped sugar mills, waiting on the government to approve export subsidies, are being forced to dump supplies in the domestic market to raise cash to pay cane farmers, pulling down local prices to 4-1/2 year lows.

The aggressive selling comes as production exceeds demand for a fifth straight year and is set to deepen losses for producers like Bajaj Hindusthan, Shree Renuka Sugars Ltd and Balrampur Chini Mills.

Feb 11, 2015

Indian sugar mills make distress sales to pay farmers

MUMBAI, Feb 11 (Reuters) – India’s cash-strapped sugar
mills, waiting on the government to approve export subsidies,
are being forced to dump supplies in the domestic market to
raise cash to pay cane farmers, pulling down local prices to
4-1/2 year lows.

The aggressive selling comes as production exceeds demand
for a fifth straight year and is set to deepen losses for
producers like Bajaj Hindusthan, Shree Renuka Sugars
Ltd and Balrampur Chini Mills.

Feb 6, 2015

India oilmeal exports could drop 40 pct in 2014/15 -trade official

MUMBAI, Feb 6 (Reuters) – India’s oilmeal exports could drop
40 percent in the financial year that ends in March due to lower
demand for soymeal as key buyers like Iran and Japan switch to
cheaper supplies from South America, a senior trade official
said on Friday.

Weaker Indian soymeal sales would likely come as South
American suppliers such as Argentina and Brazil increase exports
to Asian buyers, helping underpin Chicago soymeal futures
that fell almost 17 percent in 2014.

Feb 4, 2015

India’s coffee exports to fall 10 pct on lower arabica output

MUMBAI, Feb 4 (Reuters) – India’s annual exports of coffee
are set to drop by more than a tenth in the marketing year
ending Sept. 30, hit by lower output of the arabica variety as
farmers’ demand for higher prices erodes overseas
competitiveness.

Lower shipments by India, the world’s sixth-biggest coffee
producer, could further stiffen global prices of arabica,
which jumped 50 percent in 2014. Italy, Germany and Belgium are
India’s main coffee buyers.

Jan 30, 2015

India’s raw sugar exports may halve on export incentive delay

MUMBAI/NEW DELHI, Jan 30 (Reuters) – India’s raw sugar
exports could halve this year as mills wait for the government
to give the go-ahead for an increased production subsidy,
traders said, potentially supporting depressed global prices.

India exported more than 1 million tonnes of raw sugar in
2014 and mills had hoped to export up to 2 million tonnes this
year, taking advantage of a sales window before leading exporter
Brazil comes to the market.

Jan 27, 2015

India 2014/15 soymeal exports seen at 26-year low as Iran buys less

MUMBAI, Jan 27 (Reuters) – India’s soymeal exports are set
to hit a 26-year low in the year ending March as easing of
sanctions against Iran allows the key buyer to opt for cheaper
South American supplies, industry officials said.

Lower Indian sales could underpin Chicago soymeal futures
, which fell almost 17 percent in 2014, while weak export
demand could drag on domestic soybean prices. The oilseed is
crushed to produce soyoil and the animal feed.

    • About Rajendra

      "Rajendra is a commodities correspondent based in Mumbai. He has been tracking agriculture commodities along with agrochemicals and fertilisers for Reuters since 2006. He loves to report on what's changing in the city's hinterland as urbanisation gains pace in India's predominantly agrarian economy."
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