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India’s average ethanol blending rate with petroleum for calendar year 2023 is estimated at 11.5 percent. The National Biofuels Policy of India, amended in May 2022, strengthens efforts to increase domestic ethanol output from sugarcane and multi-feed stocks by expediting pace toward blending goals.

This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Color Coding for Sugar Levels - Liquid) Regulations (2022). These new regulations regulate the labeling of the sugar content of liquids effective January 1, 2024, replacing the current Food (Color Coding for Sugar Levels) Regulations (2016).

On June 7, 2022, the Indian government announced the Minimum Support Prices (MSP) for all kharif (summer sown, autumn harvested) crops for Indian crop year (ICY) 2023/2024.

On May 22, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website Direction REG-11027/3/2022-Regulation-FSSAI. The FSSAI direction informs that the draft Food Safety and Standards (Food for Infant Nutrition) Regulations (2022) are being re-operationalized.

This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

On February 20, 2023, Sri Lanka’s Minister of Finance, Economic Stabilization and National Policies issued an Extraordinary Gazette Notification, introducing a Special Commodity Levy on imported fresh eggs of fowls of the species Gallus domesticus,

On April 27, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website the Direction SS-T007/1/2023-Standard-FSSAI.

During a national oilseeds conference, industry representatives noted that domestic oilseed production increased from 2.5 million hectares in 2020 to 3.4. million hectares in 2022, and they further expect production to reach 5 million hectares by 2027.

On May 17, 2023 the Bangladesh Ministry of Agriculture published a special regulatory order amending the Plant Quarantine Rules 2018, thereby allowing the importation of U.S. cotton into Bangladesh without fumigation on-arrival.

On April 13, 2023, the Ministry of Trade and Integration announced the second stage of 2023 meat and poultry quotas by HS code for historic suppliers (i.e., importers).

On May 8, 2023, the Indian Ministry of Commerce and Industry’s Directorate General of Foreign Trade (DGFT) published Notification No. 5/2023, Amendment in Import Policy Conditions of Apples under the Indian Trade Classification (ITC) Harmonized System of Nomenclature (HS) Code 0808.1000 of Chapter-08 of the ITC (HS), 2022, Schedule-I (Import Policy).