Prices of Indian green coffee of both varieties Arabica and Robusta are about 10% higher than global prices. So exporters are importing raw coffee.
The domestic demand has driven up prices of other varieties of chill Rs 135 per kg, to which a year ago, were hovering at Rs 80 to Rs 90 per kg.
This, tyre companies say, has created an unfavourable environment for them. Given the situation, tyre makers are likely to become more vociferous.
Identifying live crab exports as a potential money spinner, the Indian seafood industry is all set to rear mangrove crabs, so as to scale up the export of the crustacean
The Centre had hiked the minimum import price of arecanut to Rs 162 per kg from Rs 110 per kg early this month to protect the local growers from imports.
The plans of the growers who have been holding on to the stock anticipating better prices have come unstuck as the prices may not rise in the immediate future.
Paddy farmers in West Bengal and Kerala have also been hit. Bengal farmers say the government is yet to announce compensation.
Jeera (cumin) exports are reaching a new high even as prices have moved up in the local markets following unseasonal rains and production shortage.
Close on the heels of the KSCADC opening stalls for value-added fish by women, Abad Fisheries is planning to establish a chain of outlets for fish.
Black pepper exporters in the country hope that better output in the current harvest season will see more consignments going overseas.
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