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India prohibiting tur dall imports from Myanmar

With India prohibiting tur imports from Myanmar, they find China market is best

11/07/2021

"The 48,000-crore Agro inputs sector is expected to show ‘positive' revenue growth in the first quarter of the current fiscal year. Strong demand for agrochemical products in both domestic and overseas markets is one of the main reasons why industry analysts predict positive growth in the first quarter. According to Varshit Shah, an analyst with research firm Emkay Globa, 'strong demand in the export industry and increased global commodity prices will support revenue growth in the quarter.' In a survey of the enterprises covered by the firm, he stated that all agrochemical companies passed on the impact of increasing raw material prices to customers in the third quarter. “We anticipate 10.8 percent year-on-year growth for agrochemical firms in our coverage,” he said. The growth that is positive However, Insecticides (India) Limited Managing Director Rajesh Aggarwal believes that the industry will struggle to reach double-digit growth in the third quarter. 'It will be a difficult first quarter for the industry to achieve it, but I can predict that it will be a positive first quarter. Agro-chemical products are in high demand in both domestic and foreign markets,' he stated. The first quarter, according to Kalyan Goswami, Director-General of the Agro Chem Federation of India (ACFI), could be an 'average quarter' for the business. 'Sales and consumption have failed to take up as a result of previous advance sales and a delayed rainfall. We anticipate a pick-up in precipitation in the second week of July, stimulating demand in the second quarter,' he added. 'We are certain that the current Kharif season will show an increase in sales and consumption of agricultural inputs,' he said. Difficulties The Emkay Global report, on the other hand, highlighted a few critical issues that must be properly monitored. 'Freight costs continued to rise as a result of container shortages and a backlog of clearance as a result of the Suez Canal blockage,' it stated. 'The major items to watch for in first-quarter earnings are freight cost stabilization, cooling off in critical intermediates and other raw materials, and likely pricing increases to compensate for growing packaging and freight costs,' it said."

Agro Chemical sector expected to show ‘positive’ revenue growth in first quarter

09/07/2021

"Chinese Farmers grow Maize"

China Farmers abandoning other crops in favour of maize due to high profit margins

08/07/2021

"Maharastra farm bills"

Maharashtra introduces three Farm Bills in response to Center’s new farm laws

07/07/2021

"IoT crop management"

Farmers can now get benefited from free precision farming advice from remote sensing

06/07/2021

"farmer-negotiation-resume talk-farm bills"

Centre should not impose conditions if it wants to resume negotiations with farmers

05/07/2021

"Bio fertilizers"

Traditional agrochemical companies banking on natural, biochemical solutions sector

03/07/2021

"Seed certification transparency"

Centre asked seed companies to expand transparency in certification of labeled seeds

02/07/2021

"Maize acreage increased by 41% in Karnataka"

Maize acreage increased by 41% in Karnataka in current Kharif season

01/07/2021

"mansoon"

If low rainfall persists, it might force re-sowing of vital Kharif crops

30/06/2021

"Pakistani Traders claim India is subsidizing rice exports, wants WTO to investigate"

Pakistani Traders claim India is subsidizing rice exports, wants WTO to investigate

29/06/2021

"famers dumped mangoes"

Mango farmers in Kolar district of Karnataka dumped large quintals of mangoes

28/06/2021