Financial Daily from THE HINDU group of publications
Wednesday, Jun 22, 2005

Port Info

Group Sites

Industry & Economy - Exports & Imports
Agri-Biz & Commodities - Horticulture/Fruits & Vegetables

Agro Dutch may gain from dumping case filed on China

Our Bureau

Mumbai , June 21

AGRO Dutch Industries Ltd, producer of integrated mushrooms, is likely to benefit from an unexpected anti-dumping case on canned mushrooms against China in Mexico.

Mexican Mushroom Packers Association (MMPA) recently filed a case for anti-dumping on canned mushrooms from China.

The case has been initiated and the preliminary findings are expected on July 4.

The company stands to benefit as Mexico imports canned mushrooms worth about $15 million every year.

"The company is receiving lot of enquiries from Mexican importers for regular supplies of mushroom last 10 days as it is the only producer with the capacity to meet such a huge demand," Mr Malvinder Singh, Managing Director, ADIL, told Business Line.

The company can handle monthly supply of about 200 containers as against their requirement of 30 containers a month.

"After China, Agro Dutch in India is the only source of supply. Indonesia is also a producer of mushroom but the quantity produced by them is sold to the US, so Mexican buyers have no other option," he said.

The company plans to expand its capacity from current 36,000 tonnes mushrooms to 50,000 tonnes.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
IMD sees 10% deficit in June rainfall

NDC to meet on June 27 to okay mid-term appraisal report
Karnataka must improve investment climate: World Bank
`Permit Indian cos to participate in turnkey projects of Qatar'
Going up and up
`Kerala can manage without thermal power if rains persist'
6 police stations to track power theft in Maharashtra
Textile wet processing tech upgrade yet to get PCB nod
NSIC bid to draw more SSIs to new credit rating scheme to focus on India
Costlier fuel not to push FMCG prices up
NAC launching two new courses
Realty developers plan ad blitz — To double spend this fiscal
DLF to invest Rs 300 cr in retail-entertainment centre
Bidding for 2 NTC properties mops up Rs 900 cr
Antrix, EADS plan joint marketing of satellites
Protest in Orissa against Posco deal
Redco to provide 1.25 lakh rural households in India with energy
Buyer-seller meet in Coimbatore
Date for electronic filing of TDS returns extended
Sri Lankan vanaspati imports hurting local industry: IVPA
Agro Dutch may gain from dumping case filed on China
Imports hit crumb rubber producers
Homeo clinics not allergic to selling on Net

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line