Despite Indonesia Ban, India’s May Palm Oil Imports Rose To 7-Month High
India’s palm oil imports were the highest in seven months, despite Indonesia’s ban on exportsMUMBAI: India’s palm oil imports in May were its highest in seven months and up 15…
Palm Oil Prices Set To Rise By 15% As Indonesia Bans Export
Palm oil prices are set to rise as Indonesia has announced a ban on its exportEdible oil prices, which have been under pressure for the past two months due to…
Inspection Drive Begun To Curb Edible Oils Hoarding: Food Secretary
Government has initiated surprise checks to curb hoarding of edible oilsNew Delhi: Government on Monday said it has initiated an inspection drive to curb hoarding and black marketing of edible…
Sunflower Oil Supply To India May Fall By 25% From Ukraine War: Report
Ukraine war may result in 25 pc supply shortage of sunflower oil in India: ReportMumbai: The ongoing war in Ukraine, which is the world’s largest sunflower grower, is likely to…
Palm Oil Imports Rose 31% in August
Palm oil imports have gone up in August 2021 compared to the previous monthIndia’s dependency on palm oil imports continues to grow as in August 2021, 7.43 lakh metric tonnes…
Basic Customs Duty On Crude, Refined Soyoil, Sunflower Oil Reduced To 7.5%
After crude oil and gold, edible oil is India’s third-largest imported commodity.In a bid to boost domestic supply and reduce prices, the government has reduced the basic customs duty on…