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Policy● Neutral for Indian equities
Centre allows sale of excess Andhra Pradesh tobacco for 2025-26 crop season
The brief
- The Centre authorised sales of excess Flue-Cured Virginia tobacco for 2025-26
- Auctions will include registered and unregistered growers
- The move gives Andhra Pradesh tobacco growers another route to sell surplus crop
- China to cut tariffs on US farm goods, but list excludes soybeans
- Import duty cut on sunflower oil has a significant Russian backdrop
- Demand estimate of fertilizer for Rabi 2026-27 may be 2 LT higher
- Major impact on kharif crops seen from monsoon deficit, uneven rainfall
- India cuts edible-oil import duties ahead of festivals