1. China has turned away three shipments of Indian rice alleging the presence of genetically modified organisms (GMO) in what appears to be a calculated attempt to gain leverage in trade talks. The rejection comes even though the non-basmati rice consignments were tested and cleared by a Chinese agency before the shipments. Read more 2. As India gears up to meet fertiliser demand for the ensuing monsoon season crops, companies are considering incorporating “floor and ceiling” price in annual fertilizer contracts with suppliers of di-ammonium phosphate (DAP), muriate of potash (MOP) and complex fertilizers. Read more 3. At least 50…
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