Tender coconuts have become cheaper by Rs 10 per kg from last summer, at Rs 18 a kg, said T Sathish, managing director of Agricoles Naturel Foods, which sells packaged tender coconut water.
While cashew processing takes place in as many as 16 states, the export is dominated by the processors from Kollam district in Kerala
The festival season will start by the end of the month and the market is looking up
Rubber tapping in Kerala, the largest rubber producer in the country, had remained affected in June and July.
While prices of shrimp, which dominates the seafood export basket, are down by 20% from last year, fear of white spot disease and lower prices had forced many farmers to go for partial harvest.
The court observed that only the Central government had the power to issue notification framing or amending the Exim Policy under section 3 of the Foreign Trade (Development and Regulation) Act 1992.
Viju Jacob, managing director of Synthite, said its spice processing unit will come up at Chicago at an investment of Rs 100 crore in next fiscal year.
Industry experts said the improved performance may not extend to the rest of the year as uncertainties continue to plague the market.
The decline in arrivals and robust domestic demand have raised the price of the spice by 15-20% over the last six weeks.
The Hyderabad-based instant coffee major plans to introduce sachets that are set to redefine coffee consumption in the country.
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