ARTICLE 2

Exports of spices and spice products to the US in value terms stood at $711 million during 2024-25, up 15 per cent over the previous year’s $619.29 million

In Gujarat, the Centre agreed to buy 47,780 tonnes of urad, 4,415 tonnes of moong, 1.09 lakh tonnes of soyabean, and 12.62 lakh tonnes of groundnut.

ndia’s agrochemical exports hit USD 3.3 billion in FY25, nearly tripling from USD 1.3 billion in FY15 — positioning us behind only China and the U.S. in this domain.

Amid excessive rainfall in Maharashtra, Karnataka, and Gujarat, the sugar industry has urged the government to extend the September 2025 sugar release quota .I n a letter to the Joint Secretary (Sugar), Department of Food and Public Distribution, the West Indian Sugar Mills Association stated that due to excessive, heavy and incessant rains in Maharashtra, Karnataka and Gujarat, sugar lifting by merchants and movement of sugar transportation had been badly hit.

October NY world sugar #11 (SBV25) on Monday closed up +0.15 (+0.95%), and December London ICE white sugar #5 (SWZ25) closed up +1.30 (+0.28%).Sugar prices on Monday climbed to 1.5-week highs and settled higher as dollar weakness (DXY00) spurred short-covering in sugar futures.

India will likely not accept any proposal from the European Union to decouple the issue of the protected Geographical Indication (GI) tag for basmati rice from the purview of the Indo-EU free trade agreement (FTA), say analysts. “Recent reports highlighting concerns over recognising Pakistan’s application for GI tag to basmati rice are likely to complicate the FTA talks. The EU may adopt procedural or diplomatic bridges to avoid the dispute being a dealbreaker and hence look at decoupling it,” said S Chandrasekaran, a historian on basmati GI. Given the importance the Indian government attaches to agriculture and dairy, New Delhi will be averse to delink the issue of GI tag for basmati rice from the FTA talks.

The state aims to procure roughly 50,000 metric tonnes of jowar alone in this Kharif season, a 74% increase over last year’s target. Procurement is planned in 11 districts specifically for jowar including Kanpur (rural & urban), Jalaun, Banda, Chitrakoot, Mahoba, Hamirpur, Fatehpur, Mirzapur, Unnao, and Hardoi.

New Delhi, Sep 30, 2025 – The Indian Vegetable Oil Producers’ Association (IVPA), which represents the country’s edible oil refining industry, has called for an accelerated policy push to make India self‑sufficient in edible oil production. The appeal comes amid signs of declining imports and shifting global trade dynamics.

New Delhi / Doha, October 2025 – India’s Commerce and Industry Minister, Piyush Goyal, is slated to visit Doha next week to initiate formal bilateral trade agreement talks between India and Qatar. move adds Qatar to the growing list of Gulf nations negotiating trade treaties with India. The UAE already enjoys a trade pact with India, and with this new initiative, New Delhi aims to deepen economic engagement across the Gulf region.

Raw sugar deliveries for the October contract on the ICE (Intercontinental Exchange) were estimated at around 30,032 lots, equivalent to approximately 1.52 million metric tons, according to preliminary data shared by two sugar traders on Tuesday, September 30. The contract expired on the same day.

March NY world sugar #11 (SBH26) on Wednesday closed down -0.47 (-2.83%), and December London ICE white sugar #5 (SWZ25) closed down -15.50 (-3.31%).Sugar prices sold off sharply on Wednesday, with London sugar posting a 1-week low. The outlook for higher sugar production in Thailand is undercutting sugar prices after the Thai Sugar Miller Corp on Wednesday projected that Thailand's 2025/26 sugar crop will increase by +5% y/y to 10.5 MMT. Thailand is the world's third-largest sugar producer and the second-largest exporter of sugar.

Sugar prices settled sharply higher on Thursday due to concerns over lower sugarcane yields in Brazil. Unica reported Thursday that Brazil's Center South sugarcane crush in the first half of September was up +6.9% y/y to 46 MMT. However, the sugar content in the cane declined, signaling lower sugar production as the sugar content in crushed cane dropped to 154.58 kilogram per ton (kg/ton) versus 160.07 kg/ton a year earlier.