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Marketing year (MY) 2019/20 (out-year/Oct.-Sept.) centrifugal sugar (henceforth sugar) production will decline for the second consecutive year to 29.3 million metric tons....
Post estimates marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.6 million 170-kilogram bales/6.3 MMT) with a planting area of 13 million hectares....
India published two notices concerning Draft Food Safety and Standards Amendment Regulations, 2015 and Draft Food Safety and Standards Amendment Regulation, 2015 for comment.
The MY 2015/16 production estimate is 28.5 million 480 lb. bales as insect infestation in northern India raises yield concerns. Planted area reached 11.76 million hectares.
On October 23, 2015, the Government of India’s Food Safety and Standards Authority of India (FSSAI) published draft Alcoholic Beverages Standards.
India’s MY 2015/16 coffee crop (Oct/Sep) is forecast at 5.3 million 60-kg bags. Large carryover stocks are expected to keep the prices subdued as exports are forecast at 5 million 60-bags.
On October 19th, 2015, the Ministry of Finance issued a notification raising the basic custom duty on imports of wheat to 25 percent (ad valorem on CIF value).