No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Geopolitical winds set to sweeten India’s apple harvest

by FeeOnlyNews.com
2 months ago
in Business
Reading Time: 2 mins read
A A
0
Geopolitical winds set to sweeten India’s apple harvest
Share on FacebookShare on TwitterShare on LInkedIn


New Delhi: An apple a day – but at a price set by geopolitics. With Turkey, Iran and Afghanistan emerging as the top three apple import sources for India, shifting geopolitical dynamics are expected to play an outsized role in shaping prices this harvest season, beginning in August.

At Delhi’s Azadpur Fruit and Vegetable Market – arguably Asia’s largest – traders may continue to steer clear of imports from Turkey, which was India’s largest apple supplier last fiscal year with shipments worth $97 million. The reluctance stems from prevailing negative sentiment toward Ankara over its active support for Islamabad during the recent India-Pakistan conflict, two traders have told ET.

Compounding the challenge is the continued closure of the Attari-Wagah border between India and Pakistan since May 1. This has effectively halted the entry of apples from Afghanistan – typically the most affordable among all imported varieties – into the Indian market. The disruption may contribute to a rise in prices of domestic apples from Kashmir and Himachal Pradesh, whose harvest peaks between August and October, when traders will buy and store the apples for the months to come.

“Apples from Afghanistan, which are sold for Rs 40-65 per kg in the wholesale market, are cheaper than Kashmir or Himachal apples, which cost between Rs 60 and Rs 90 per kg,” says Pawan Chhabra, fruit merchant and owner of Adarsh Fruits.

Live Events

Premium Segment may not be Hit“Production costs in Afghanistan are extremely low, and on top of that, the imports are duty-free under an agreement (South Asia Free Trade Area agreement),” he says, adding that he won’t be surprised if the cost of domestic apples rises in the upcoming season.“While the conflict in Iran has paused for now, many importers remain cautious about sourcing Iranian apples due to the high risks involved,” says another fruit importer, requesting anonymity. “In recent years, most Indian importers have operated more like commission agents for Iranian exporters, earning a cut of 4-6% on each sale.” While apple production in India — primarily concentrated in Jammu & Kashmir and Himachal Pradesh — is estimated at around 2.4 million metric tonnes, domestic consumption exceeds this output. Just last financial year, India imported 34,000 tonnes of apples valued at $450 million, a 12% year-on-year rise in terms of value.



Source link

Tags: ApplegeopoliticalharvestIndiassetsweetenwinds
ShareTweetShare
Previous Post

Suspicion surrounds mysterious $8.6 billion Bitcoin move

Next Post

Deep State Vs World | Armstrong Economics

Related Posts

Google’s market cap tops  trillion for the first time

Google’s market cap tops $3 trillion for the first time

by FeeOnlyNews.com
September 15, 2025
0

Google parent Alphabet (GOOG, GOOGL) became the fourth company to hit a market cap of $3 trillion Monday. The stock...

Netanyahu: We must be self-sufficient in weapons

Netanyahu: We must be self-sufficient in weapons

by FeeOnlyNews.com
September 15, 2025
0

Israeli Prime Minister Benjamin Netanyahu spoke today about Israel's international diplomatic isolation and said the country would be required,...

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

by FeeOnlyNews.com
September 15, 2025
0

Just three months after returning to the top job, Indeed CEO Hisayuki “Deko” Idekoba says he’s regularly working 15-hour days...

Three top execs leave digital bank One Zero

Three top execs leave digital bank One Zero

by FeeOnlyNews.com
September 15, 2025
0

Israeli digital bank One Zero today announced that three top executives are leaving: Deputy CEO and chief revenue officer...

Elon Musk buys  billion worth of Tesla shares from open market

Elon Musk buys $1 billion worth of Tesla shares from open market

by FeeOnlyNews.com
September 15, 2025
0

Tesla Inc Chief Executive Officer Elon Musk has purchased company's shares worth $1 billion from the open market. He bought...

I’m 35 and finally financially stable — but now my parents want to borrow K for a new roof. What do I do?

I’m 35 and finally financially stable — but now my parents want to borrow $10K for a new roof. What do I do?

by FeeOnlyNews.com
September 15, 2025
0

At 35, Kelly is just starting to feel like she’s in control of her finances. Her family didn’t have a...

Next Post
Deep State Vs World | Armstrong Economics

Deep State Vs World | Armstrong Economics

Are NSE and BSE closed on July 7 for Muharram 2025?

Are NSE and BSE closed on July 7 for Muharram 2025?

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
Meet a 23-year-old electrician who was a ‘good student’ but skipped college to become his own boss. He makes 6 figures

Meet a 23-year-old electrician who was a ‘good student’ but skipped college to become his own boss. He makes 6 figures

September 14, 2025
Associate Advisors, 9 Ways To Stand Out In Your First 90 Days

Associate Advisors, 9 Ways To Stand Out In Your First 90 Days

0
4 Ways Americans Are Handling Economic Pressures in 2025

4 Ways Americans Are Handling Economic Pressures in 2025

0
Netanyahu: We must be self-sufficient in weapons

Netanyahu: We must be self-sufficient in weapons

0
Attention shifts to U.S.-China tariffs after TikTok ‘framework’ agreed

Attention shifts to U.S.-China tariffs after TikTok ‘framework’ agreed

0
Crypto Firms Invited To Serve 40 Million Users

Crypto Firms Invited To Serve 40 Million Users

0
Minimum Tenure Personal Loans for Quick Fixes

Minimum Tenure Personal Loans for Quick Fixes

0
Minimum Tenure Personal Loans for Quick Fixes

Minimum Tenure Personal Loans for Quick Fixes

September 15, 2025
Crypto Firms Invited To Serve 40 Million Users

Crypto Firms Invited To Serve 40 Million Users

September 15, 2025
Google’s market cap tops  trillion for the first time

Google’s market cap tops $3 trillion for the first time

September 15, 2025
Netanyahu: We must be self-sufficient in weapons

Netanyahu: We must be self-sufficient in weapons

September 15, 2025
Attention shifts to U.S.-China tariffs after TikTok ‘framework’ agreed

Attention shifts to U.S.-China tariffs after TikTok ‘framework’ agreed

September 15, 2025
These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

September 15, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Minimum Tenure Personal Loans for Quick Fixes
  • Crypto Firms Invited To Serve 40 Million Users
  • Google’s market cap tops $3 trillion for the first time
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.