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PALM OIL UPDATE
HUL lowers prices of tea, homecare products but goes for hike in skincare segmentHindustan Unilever Limited (HUL) is adjusting product prices. Price cuts are happening in tea and homecare due to lower commodity costs. Sk...
Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdgeThe government's reduction in import duties on crude edible oils is set to benefit domestic refiners by encouraging crude imports over refi...
Household staples see modest sales rise in Q3Urban demand is challenging due to inflationary pressures, low wage growth and higher housing rentals, Nuvama Equities wrote in a report la...
Godrej Consumer shares fall 11% as Q3 business update leads to target price cutsGodrej Consumer Products Share Price: Godrej Consumer shares dropped by up to 11% to Rs 1,102 on BSE following a weak Q3 business outlook, ...
Palm oil at 1-year low, but companies yet to pass on benefitsCompanies including Hindustan Unilever, the market leader in several product categories, and Nestle have red-flagged steep inflation across...
FMCG, electronics companies' margins set to improve soonCompany executives and analysts said they expect margin pressures to ease off, but added that they are closely monitoring macro and geopoli...
Worst is not over for edible oil industry: Ruchi Soya CEO“We are getting into the peak production season of palm in Malaysia and Indonesia and to that extent, the palm oil scene seems more comfort...
Indonesia palm oil export ban dents FMCG stocks; oil companies rallyFollowing the update, shares of Britannia Industries tumbled about 6 per cent to Rs 3,150, before paring up half of the losses during the s...
Palm oil hits record high on supply concerns over Ukraine crisisThe benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange gained 129 ringgit, or 2.21%, to 5,969 ringgit ...
Palm slumps up to 6% as Dec 1-15 exports dropThe benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange fell 233 ringgit, or 4.96%, to 4,466 ringg...
India's edible oil imports down 32.44% in MarchAs per the provisional data released by the Solvent Extractors Association of India (SEA), there was a 90 per cent fall in import of RBD pa...
Cooking oil prices may fall further this monthCargill reduced retail edible oil prices by Rs 1 a litre.
Mentha oil prices take on more weightCrude Palm Oil (CPO) was down 0.07 per cent at Rs 595 at around the same time.
Economic Survey 2013 suggests price band for import of edible oilsThe import duty would also generate revenue, which could also be utilised for an oilseeds development programme, the survey said.
- Godrej Consumer Products outlook upgraded by broking firms
Motilal Oswal upgraded the company's FY13 and FY14 earnings estimates by 3-8% to factor in the softening raw material costs.
- GCPL stock hit record high on lower palm oil prices, good performance expectation
Palm oil prices dropping to a three-year low triggered a strong buying interest in the stock of Godrej Consumer Products.
- Hindustan Unilever Limited unveils Unilever Sustainable Living Plan progress report for 2011
M. Veerappa Moily and Nitin Paranjpe today unveiled the Unilever Sustainable Living Plan progress report for 2011.