The authority has recommended imposition of anti-dumping duty on exporter-specific basis in its report and ranging from $245.35 to $452.33 per tonne.
Minimum lot likely to be one tonne; trading and delivery norms to be strict this time.
The rubber price touched Rs 140 per kg on Wendesday, 12 per cent up from the beginning of the month.
As per Coffee Board’s export data for the period from January 1 to July 17, 2017, the total export volumes were at 2,16,926 tonnes –– a marginal drop compared to same period last year.
Import of cocoa beans and products have been steadily moving up with the country increasing its processing capacity in recent years.
The industry has been expecting a sales boost after the GST for readymade garments below Rs 1000 was fixed at 5%, some are concerned about flood of imports.
"We are aiming at Rs 200 crore revenue from these products in the next two years," said Vishal Menon, chief development officer, Synthite.
Its effect will also be felt in the growing export sector which has been marked as an area of focus in the marine sector though India is still a marginal player.
The big names in the curry masala business have been forced to cut prices by 30-40% in the last few weeks to compete better with players in the unorganised sector.
Coriander prices have dropped 40 per cent this year to about Rs 50 per kg.
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