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Agri Picks Report: Geojit.


Date: 05-03-2021
Subject: Agri Picks Report: Geojit
Geojit's report on Agri Picks

The United Nations' Food and Agriculture Organization has scaled up its view for global cereal production in 2020-21 to 2.76 bln tn from 2.74 bln tn pegged last month, due to an anticipated rise in the output of wheat, rice and coarse grains. The government has set the annual urad import quota for 2021-22 (Apr-Mar) at 400,000 tn, according to a gazette notification from the commerce ministry. G. Chandrashekhar, a farm policy commentator and an agricultural economist, expects India's chana production for the year ending June to be 1 mln tn lower than what the government has pegged in its second advance estimates. Crude oil inventories in the US jumped by 21.6 mln barrels to 484.6 mln bbl in the week ended Friday, data from the country's Energy Information Administration showed. Market participants had expected the stockpile to decline by 700,000 bbl, according to a poll by Dow Jones. The average price of 25% broken non-basmati rice exported from India rose for the third consecutive month in February to $378.8 a tn, nearly 2% higher on month, the United Nations Food and Agriculture Organization said in a report. The price was nearly 6% higher on year.

Source:-moneycontrol.com

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What is New?

Date: 05-04-2021
Notification No. 41/2021-Customs (N.T.)
Seeks to notify Customs (Verification of Identity and Compliance) Regulations, 2021

Date: 05-04-2021
Notification No. 20/2021 -Customs (ADD)
Seeks to impose definitive anti-dumping duty on imports of Flexible slabstock polyol originating in or exported from Saudi Arabia and United Arab Emirates for a period of five years.

Date: 01-04-2021
Trade Notice No. 01/2021-2022
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (IMCECPA) w.e.f. 01st April 2021

Date: 01-04-2021
Notification No. 40/2021 - Customs (N.T.)
Exchange rates Notification No.40/2021-Cus (NT) dated 01.04.2021

Date: 31-03-2021
Notification No. 19/2021-Customs (ADD)
Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 30th September, 2021.

Date: 31-03-2021
Notification No. 60/2015-2020-DGFT
Extension of FTP 2015-20 upto 30.09.2021

Date: 31-03-2021
Notification No. 61/2015-2020-DGFT
Amendment in Import Policy of Copper and Aluminium under Chapter - 74 and Chapter - 76 of ITC (HS), 2017, Schedule-I (Import Policy) - reg.

Date: 31-03-2021
Public Notice No. 48/2015-2020-DGFT
Extension of HBP 2015-20 upto 30.09.2021

Date: 31-03-2021
Public Notice No. 49/2015-20
Amendment in Appendix-2K providing for updation of IEC – reg.

Date: 31-03-2021
Public Notice No. 50/2015-20
Procedure for allocation of quota, for year 2021-2022, for import of (i) Calcined Pet Coke (0.5 Million MT per annum) for Aluminum Industry and (ii) Raw Pet Coke (1.4 Million MT) for CPC manufacturing industry - reg.



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