Wait...
  1. Home >
  2. Export Import News >
  3. Business News >
  4. SpiceJet to induct six more Boeing 737s, launch 24 new flights >
  5. SpiceJet to induct six more Boeing 737s, launch 24 new flights

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

SpiceJet to induct six more Boeing 737s, launch 24 new flights.


Date: 19-04-2019
Subject: SpiceJet to induct six more Boeing 737s, launch 24 new flights
Stakeholders in the castor value chain, especially farmers, have a reason to cheer as spot prices of the commodity has crossed `1,100 per 20kg, first time after 2011.

At present, castor prices are hovering around `1,125 per 20 kg due to unprecedented demand. Sources say that crop size of the castor would be at least 20 to 30% less in the current season compared to the previous season. According to the survey conducted by the Solvent Extractors Association (SEA), castor production is estimated to be 11.26 lakh tonne compared to previous years’ 14.16 lakh tonne.

However, industries using castor in their multiple applications believe that due to lower sowing and unfavourable weather condition, this year castor crop wouldn’t be even 10 lakh tonne.

Since last three years, prices of castor have been subdued at around `700 to `800, and as a result of it, many farmers replaced castor with other crops in Gujarat and Rajasthan.

“Already arrival of castor has begun in the market yards of Gujarat. From April onwards on and average, around 1.75 lakh bags (85 kg/bag) are arriving in the market yards and being sold like hot cakes. Buyers are making a beeline despite high prices as they believe that farmers would sell their stock immediately due to good prices,” said a trader, adding that even export demand of crude castor oil is encouraging. Another reason for higher prices of the commodity is future contracts in castor on the platforms of commodity exchanges, he added.

Castor oil and its derivatives are used in many industries including air-condition, air-fuel, pharmaceutical, dyes & chemical, soap, paints, inks, plastic, perfumes and others. Gujarat contributes almost 80% in the total castor production of the country. Apart from Gujarat and Rajasthan, Telangana and Andhra Pradesh are major producers of castor.

Source: financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 27-05-2020
Notification No. 9/2020-Customs (ADD)
Seeks to levy definitive anti-dumping duty on imports of 'Electronic Calculators of all types excluding calculators with attached printers, commonly referred to as printing calculators; calculators with ability to plot charts and graphs, commonly referred to as graphing calculators; programmable calculators',originating in, or exported from, People's Republic of China for a period of five years, in pursuance of final findings of sunset review investigations issued by DGTR and in supersession of the notification No. 24/2015- Customs (ADD), dated the 29th May, 2015.

Date: 22-05-2020
Notification No. 47/2020-CUSTOMS (N.T.)
Appointment of CAA in case of in case of M/s Satnam Steels, Rajkot.

Date: 22-05-2020
PUBLIC NOTICE No. 06/2015-2020
Inclusion of Gopalpur Port, Odisha as a Port of Registration under Para 4.37 of Handbook of Procedures, 2015-2020.

Date: 22-05-2020
TRADE NOTICE NO. 12/2020-2021
Issuance of Preferential Certificate of Origin for India’s exports to Thailand and Vietnam under ASEAN-India FTA

Date: 21-05-2020
Notification No. 24/2020 - Customs
Seeks to amend notification No. 56/2000-Customs dated 05.05.2000, No. 57/2000-Customs dated 08.05.2000 and No. 40/2015-Customs dated 21.07.2015 providing for extension of last date of export by six months, for those cases where the last date of export falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.

Date: 21-05-2020
Notification No. 25/2020 - Customs
Inclusion of Gopalpur Port [INGPR1] as notified port for getting benefits under AA/ EPCG schemes and other export incentive schemes like MEIS/SEIS and other such schemes.

Date: 21-05-2020
Notification No.46/2020 - Customs (N.T.)
Exchange Rates Notification No.46/2020-Custom (NT) dated 21.05.2020.

Date: 21-05-2020
Notification No.10/2020-Customs (ADD)
Seeks to amend notification No. 27/2015-Customs (ADD) dated 1st June, 2015 to extend the levy of Anti-Dumping duty on acrylic fibres originating in or exported from Thailand for a further period of 6 months.

Date: 20-05-2020
Instruction No. 06/2020-Customs
Instruction Number 06 - Customs on Requirement of Veterinary Certificate

Date: 19-05-2020
Notification No. 45/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001