Presence of upcountry traders lifts leaf tea prices at Kochi auction
Tea leaf prices surged at Kochi auctions, thanks to active the participation of North Indian buyers. According to traders, the higher prices of North Indian teas have prompted many upcountry buyers to source tea from Kochi for blending.
The prices of all varieties were dearer by ₹2-3 in sale 25. Of the 74,500 kg offered in CTC leaf, 99 per cent was sold. The strong demand from North India was reflected in the average price realisation at ₹141, compared to ₹137 in the previous week.
The market for orthodox leaf was also dearer by ₹5-10 and sometimes more. The quantity offered was 3,38,442 kg. Exporters to CIS countries and other destinations were active.
Potato processors demand setting up of CPRI regional centre in Gujarat
In order to encourage potato cultivation that is suitable to Gujarat’s agro-climatic conditions, a trade body and potato processors have approached the Gujarat government seeking the establishment of a regional centre of the Central Potato Research Institute (CPRI) in the State.
The move is expected to benefit the entire value chain of potato cultivation as it is expected to boost seed innovation and development at the local level and take into consideration geographical and agro-climatic conditions.
India irked over Pakistan’s refusal to attend meeting on locust attack
The Ministry of External Affairs slammed Islamabad on Thursday after it refused to attend a technical-level meeting convened to discuss the locust menace in both the countries. The MEA called it a “reticent attitude” even when a threat looms over Pakistan’s people of food security, India Today reported.
According to MEA Spokesperson Anurag Srivastava, India had taken the initiative of giving a call for intensifying contacts between locust warning organizations of the two countries. These contacts have been taking place over the last 60 years.