Coffee exports in 2019 up marginally at 3.50 lakh tonne
Coffee exports from India rose marginally to 3.50 lakh tonne in 2019 as compared to 3.48 lakh tonne in the previous year, according to the Coffee Board.
India is the third-largest producer and exporter of coffee in Asia. Italy, Germany and Russia were the major export destinations for Indian coffee last year. India ships both Robusta and Arabica varieties, besides instant coffee.
Robusta coffee exports rose 4.10 per cent to 1,86,360 tonne in 2019 from 1,79,004 tonne in 2018, the Board data showed. Export of Arabica coffee however declined 10.75 per cent to 47,341.82 tonne from 53,049 tonne in 2018.
Cotton exports fall to nearly half on higher domestic prices during October-December 2019
India’s cotton exports for the first three months of the season (October-September 2020) have tumbled to nearly half or by down about 45 per cent to 10 lakh bales (each of 170 kg) in the October – December 2019 period from 17 lakh bales in the same period last year.
“There were multiple factors responsible for the decline in exports in the first three months October – December 2019. Our domestic prices were higher than international prices because we had a very thin crop last year. This impacted our cotton exports, which fell by nearly half as compared to last year,” Atul Ganatra, President, Cotton Association of India (CAI) told Businessline.
The cotton trade has seen sharp fluctuations in the crop size and thereby in the prices over the past one year. The 2018-19 crop stood at 312 lakh bales, which was a record low as against 365 lakh bales reported in the previous year. However, for the current season 2019-20, the CAI has retained its crop estimate at 354.5 lakh bales.
Sustainability crucial to make marine fisheries profitable: Expert
Marine fisheries will become more profitable and the people involved in the sector will have a better socio-economic status if ocean resources are made sustainable, according to a global fisheries expert.
“Even though it is not easy to maintain sustainability, it is possible with united efforts and determination,” said Petri Suuronen, Director, Blue Economy Natural Resources Institute, Finland.
1.Details Of All Important Agriculture Schemes=>Click to Read
2.List Of All Important Agriculture MCQ For Competitive Exams=>Click to Read
3.Agriculture Current Affairs Important For All Exams=>Click to Read
4.PDF Available To Download In Agrilearner App=>Click to Download
