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China`s November Soybean Imports : Shift from Brazil to U.S. by Amit Gupta, Kedia Advisory In November 2024, China's soybean imports from Brazil fell 25% year-on-year, while U.S. shipments surged as concerns over trade tensions influenced buying decisions. China imported 2.79 million tons of U.S. soybeans, an increase from 2.29 million tons last year. Despite a decline in Brazilian imports, they still accounted for the majority at 3.94 million tons. Argentina saw a significant rise in shipments with 242,227 tons, up from 54,214 tons in November 2023. For the 11 months of 2024, ...
China`s November Soybean Imports : Shift from Brazil to U.S. by Amit Gupta, Kedia Advisory
China`s November Soybean Imports : Shift from Brazil to U.S. by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-20 12:57:29 pm
Arabica Coffee Prices Hit Record High Amid Brazil Concerns by Amit Gupta, Kedia Advisory Arabica coffee futures soared to a record $3.4835 per pound due to concerns over Brazil's reduced crop outlook for 2025/26. Volcafe slashed its production forecast by 11 million bags, citing drought-induced blossom failure, which will contribute to an unprecedented fifth consecutive global coffee deficit. Prices have surged 80% in 2024, driven by supply issues in both Brazil and Vietnam. Rising prices challenge traders with higher hedging costs and encourage consumers to opt for cheaper c...
Arabica Coffee Prices Hit Record High Amid Brazil Concerns by Amit Gupta, Kedia Advisory
Arabica Coffee Prices Hit Record High Amid Brazil Concerns by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-11 11:21:16 am
Brazil`s Coffee Outlook: Price Surges Amidst Production Challenges by Amit Gupta, Kedia Advisory Brazil's coffee market shows a mixed scenario for 2024/25. While total coffee production is estimated at 66.4 million bags, adverse weather has significantly impacted yields, especially for robusta coffee. Arabica production witnessed a marginal increase, reflecting the positive biennial cycle. Robust global demand, coupled with supply constraints in major producers like Vietnam, led to record exports and sharp price surges for both arabica and robusta varieties. Arabica prices rose nearl...
Brazil`s Coffee Outlook: Price Surges Amidst Production Challenges by Amit Gupta, Kedia Advisory
Brazil`s Coffee Outlook: Price Surges Amidst Production Challenges by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-23 02:33:48 pm
Brazil has potential to be major source for India`s urad, tur imports: Government The consumer affairs ministry said that Brazil has emerged as a supplier of urad in recent years and has the potential to become a major source for the import of India’s black gram (urad) and pigeon peas (tur) for the country. The quantity of urad import from Brazil has increased from 4,102 tonnes in the 2023 calendar year to over 22,000 tonnes till October end of 2024. According to the ministry, trade in pulses with countries like Brazil and Australia has been uniquely advantageous ...
Brazil has potential to be major source for India`s urad, tur imports: Government
Brazil has potential to be major source for India`s urad, tur imports: Government
Source: Accord Fintech
2024-11-08 12:46:09 pm
India-Brazil relations entered new era driven by economic growth: Ambassador Nobrega  Kenneth H. da Nobrega, Brazil's Ambassador to India, has emphasised that the bilateral relationship between India and Brazil is advancing to a new level, underscoring their role as close partners in fostering global economic growth.  Speaking to IANS on the sidelines of 'NDTV World Summit 2024' event here on Monday, Nobrega expressed optimism about the future of India-Brazil relations, highlighting how the partnership is expanding beyond traditional areas of cooperat...
India-Brazil relations entered new era driven by economic growth: Ambassador Nobrega
India-Brazil relations entered new era driven by economic growth: Ambassador Nobrega
Source: IANS
2024-10-22 09:34:43 am
India, Brazil reaffirm commitment to boost energy sector collaborations India and Brazil have reinforced their commitment to strengthen existing collaboration in the energy sector, including Indian upstream investment, mutually beneficial relationship in bilateral trade and cooperation in sustainable fuels, particularly biofuels, it was announced on Saturday.  During his three-day visit to Brazil from September 19-21, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, met Minister of Mines and Energy, Alexandre Silveira de Oliveira, saying that th...
India, Brazil reaffirm commitment to boost energy sector collaborations
India, Brazil reaffirm commitment to boost energy sector collaborations
Source: IANS
2024-09-21 10:39:48 am
Hero MotoCorp jumps on getting nod to set up wholly owned subsidiary in Brazil Hero MotoCorp is currently trading at Rs. 4866.20, up by 241.85 points or 5.23% from its previous closing of Rs. 4624.35 on the BSE. The scrip opened at Rs. 4631.90 and has touched a high and low of Rs. 4919.85 and Rs. 4631.90 respectively. So far 88783 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4979.95 on 12-Feb-2024 and a 52 week low of Rs. 2572.15 on 10-May-2023. Last one week high and low of the scrip s...
Hero MotoCorp jumps on getting nod to set up wholly owned subsidiary in Brazil
Hero MotoCorp jumps on getting nod to set up wholly owned subsidiary in Brazil
Source: Accord Fintech
2024-05-09 11:28:33 am
TCS announces new delivery centre in Brazil, to create 1,600 new jobs Tata Consultancy Services (TCS) on Monday announced a new delivery centre in Brazil that will create more than 1,600 new job opportunities over the next five years. The centre in Londrina, in the state of Parana, would contribute to the local economy and strengthen the TCS’ presence in the region. "We are looking to double the number of associates in key areas such as cyber-security, cloud, cognitive business operations (CBO), ITIS, AI and automation, reflecting our dedicatio...
TCS announces new delivery centre in Brazil, to create 1,600 new jobs
TCS announces new delivery centre in Brazil, to create 1,600 new jobs
Source: IANS
2024-04-16 09:20:53 am
Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says Brazil's state-run Petrobras is in talks with other national oil companies in China, India and the Middle East, including Kuwait Petroleum and Qatar Energy, to collaborate on energy projects, its chief executive said on Wednesday. The company is also keen to work with neighbouring Venezuela, Jean Paul Prates told Reuters on the sidelines of the India Energy Week event in the state of Goa. "We have two groups of Asian countries that we're interacting very much right now and ...
Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says
Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says
Source: Reuters
2024-02-07 04:45:55 pm
India`s palm oil, sunoil imports rise to record highs; soyoil drops India's imports of palm oil and sunflower oil in 2022/23 surged by 24% and 54%, respectively, to record highs on a rebound in consumption and as both oils were available at a steep discount compared to rival soyoil, a leading trade body said on Monday. Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia and support benchmark futures. The buying could reduce inventories in sunflower oil-producing Black Sea ...
India`s palm oil, sunoil imports rise to record highs; soyoil drops
India`s palm oil, sunoil imports rise to record highs; soyoil drops
Source: Reuters
2023-11-13 03:09:10 pm
Crypto roadmap to include monitoring, implementation of regulatory aspects during next G20 presidency: FM Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Friday said that in the next G20 presidency (which will be led by Brazil), crypto roadmap discussions will include monitoring and implementation of regulatory aspects, information sharing, and how it will be taken beyond the G20.Addressing a press conference in Morocco's Marrakesh on the sidelines of the G20 Finance Ministers Central Bank Governors meeting and the IMF-World Bank annual meeting, she said that the G20 FMCBG meeting was mandated to discuss ...
Crypto roadmap to include monitoring, implementation of regulatory aspects during next G20 presidency: FM Nirmala Sitharaman
Crypto roadmap to include monitoring, implementation of regulatory aspects during next G20 presidency: FM Nirmala Sitharaman
Source: IANS
2023-10-14 09:19:43 am
Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco Finance Minister Nirmala Sitharaman will leave on October 10 for an official visit to attend the annual meetings of the World Bank Group and the International Monetary Fund (IMF), along with G20 meetings at Marrakech in Morocco.During the visit, the Finance Minister will also hold bilateral meetings with Indonesia, Morocco, Brazil, Switzerland, Germany and France, besides other associated meetings, scheduled to take place from October 11-15 in Marrakech.The annual meetings will be attended by...
Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco
Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco
Source: IANS
2023-10-10 09:28:24 am
Indian gaming platform WinZO enters Brazil amid 400% GST hike Homegrown vernacular social gaming platform WinZO on Thursday announced the launch of its app in Brazil, as gaming companies in the country feel threatened by a massive 400 per cent hike in GST.WinZO will invest $25 million in Brazil in distribution and branding for more than 100 partner game developers.?We have built a tech stack that caters to over 150 million young users from Bharat today and can be scaled across the world,? said Paavan Nanda, Co-founder of WinZO.The decision to enter the ...
Indian gaming platform WinZO enters Brazil amid 400% GST hike
Indian gaming platform WinZO enters Brazil amid 400% GST hike
Source: IANS
2023-10-05 03:18:26 pm
Industry stakeholders hail inclusion of startups as part of G20 Delhi Declaration The Indian startup ecosystem stakeholders on Sunday hailed the inclusion of startups as part of the Delhi Declaration for the first time in the history of G20.India has taken the initiative to launch the Startup20 Engagement Group during its G20 Presidency.?We are glad that Brazil has picked up the mandate to continue the Startup20 Engagement group into their presidency next year. We look forward to working on implementing the Startup20 recommendations over the next couple of years,? said Raj...
Industry stakeholders hail inclusion of startups as part of G20 Delhi Declaration
Industry stakeholders hail inclusion of startups as part of G20 Delhi Declaration
Source: IANS
2023-09-10 06:09:01pm