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▼ Bearish for Indian equities
Russia steps up sunflower oil exports to China as war disrupts India trade
The brief
- Shipments to India are expected to fall to 1.1 million tonnes this year from 1.5 million tonnes last year
- Lower sunflower oil imports may pressure Indian edible-oil refiners and food companies
- Erratic monsoon cuts rice yields and threatens rural incomes and spending
- Kitchen Budgets Hit: Onion Prices Nearly Double Amid Maharashtra Drought
- 12% deficit: Rain report gives a dry reading
- Edible oils duty cut: Indian govt has to balance consumers’ and farmers’ interest, says Agriculture Minister
- India cuts FY27 foodgrain production target by 2.63 million tonnes amid El Niño fears