In a bid to arrest the price fall in India, 17 India-based tyre companies have agreed to procure natural rubber from domestic market at 25 per cent rate higher than the international price
Food & Commodity
China cuts corn imports from USA
China has clamped down corn imports from the USA by 500,000 tonnes this year over claims of containing a genetically modified variety not approved by Beijing
Chocolate headed towards global shortage, warn producers
The world will run out of cocoa by 2020 and even bumper crops may not be able to keep up with soaring demand from Asia, biggest international confectionery manufacturers have warned
Thai firm country’s first to enter Dow Jones Sustainability Indices
Thai Union Frozen Products Public Company Limited (TUF) has been selected by the Dow Jones Sustainability Indices (DJSI) Emerging Markets 2014 as the first-time member in the food category
China and India to boost palm oil sales in Asia
The crude palm oil market in Asia will grow due to the consumption in the emerging markets such as China and India in spite of the recent downturn in prices, a Frost & Sullivan report stated