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ICOA Newsletter – 19 April 2023

By:  Priyam Patel, N.K. Proteins Pvt. Ltd. Castor Outlooks 2023 vs 2022 The total castor seed cultivation in India for the year 2022-23 is estimated to be 918K hectares, according to government estimates, an increase of about 13% compared to the previous year’s estimate of 811K hectares in 2021-22. However, there have been significant variations […]

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ICOA Newsletter – 24 March 2023

By: Mr. Takuya Katayama, Itoh Oil Chemicals Co., Ltd. The Japanese economy is on a gradual recovery trend with the rebound of domestic demand from late 2022 and forecasted to continue in 2023. Inflation has been controlled at the optimal range, less than 2%, through the last year, however from the beginning of this year,

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ICOA Newsletter – 9 February 2023

by Abhay V. Udeshi, Chairman, Jayant Agro-Organics Ltd. Dear Friends, Wishing everyone a Happy and a Prosperous New Year 2023. While the geo-political situation and global economic situation still remaining uncertain, the Indian Budget presented by the finance minister on February 1, 2023 has been a soothing touch. Indian economy takes the lead giving the

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Castor Plant

ICOA Newsletter –  5 December 2022

By: Denis Ginter, COFCO International Dear Friends, Castor planting in India was completed in October and the monsoon has meantime withdrawn from the main Indian Northwest castor belt (Gujarat and Rajasthan) leaving place for dry and warm weather conditions. Early November we received the first estimates of the castor acreage crop survey for 2022/2023 from

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Hand holding coin with leaves coming out

ICOA Castor Newsletter – 2022 July

US Regional Economy View Hello Everyone, Over the last 30 days, signals of a slowdown in the U.S. economy have surfaced. Weaker real spending suggests that the spending power of U.S. consumers is coming off, housing activity is slowing under the pressure of higher interest rates, and business investment is sliding amid growing slowdown fears.

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Indian flag against blue sky

ICOA Castor Newsletter – 2022 May

Hello everyone, With covid improving in major parts, the world economies seemed to be getting back to normalcy. Increased vaccination has really helped to minimize the impact of the virus. However, the war in Ukraine has triggered higher food and energy prices, which have hammered households’ disposable incomes. Rising inflation and depreciating currencies have given birth to

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