Archive for May 6th, 2008

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India food imports to hit 20 mt by 2012: ADB

Posted by Dave
May 6, 2008

Brazil, Argentina partnerships – acquiring farmlands to guarantee supply will be the way to go.
via commodity online
The manila based Asian Development Bank on Monday warned that India’s food grain import could rise to 20 million tons by 2012 if adequate efforts were not taken to augment the output.
According to ADB’s recent study on ‘food price [...]

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High edible oil demand, oil companies expand

Posted by Dave
May 6, 2008

via commodity online
As edible oil scenario is getting more sticky in India – world’s biggest consumer – companies in the oil field is going gaga. Looking to the huge aspect of demand of edible oil, the latest entrant from this sector to the stock market is Gokul Refoils and Solvent Ltd, a Gujarat-based solvent extractor [...]

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Explaining the steep rise in Food Prices

Posted by Dave
May 6, 2008

The Standard
Interpreting these drivers becomes a useful exercise in deciding whether or not food prices are genuinely in a longer term bull market or not.
Driver number one: The number of mouths to feed. Clearly, this number is rising.
However, rising populations do not in isolation support an extended bull run in prices. Food has a [...]