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PALMOIL IMPORTS
Edible oil markets enter ‘structural volatility’ phase, says association chief Sudhakar DesaiGlobal edible oil markets face structural volatility due to trade shifts and biofuel demands, impacting India's import reliance. Limited su...
India allots import licences for 1.1 mn tonnes of refined palmolein from Indonesia: SourcesIndia put refined palm oil and palmolein on the list of restricted items on Jan. 8, a move sources said was retaliation against top supplie...
Agri-commodity basket jumps, mentha futures rallyMentha for August delivery is heading for its highest weekly gain of 6.6% in last one year.
Chill to bring warmth to farm output, may cool inflationThe icy winter in north India, along with morning dew and sunny conditions in rural areas, have sown the seeds for bumper harvests.
- MSP for Kharif crops hiked by 8-19%, bonus set to come later
The govt has increased the minimum support prices for the kharif season by 8% to 19% to incentivise farmers and compensate for higher input...
- Govt coins kharif support prices; focus on oilseeds
Govnment turns focus on oilseeds while coining kharif support prices; could have to announce bonus later.
- Select edible oils maintain upward trend on festive demand
In a mixed pattern of trading, select edible oils continued their upward march for the second straight week on the wholesale oils and oilse...
- 'Import duty cut on edible oil to hit Kerala'
The Centre's decision to slash the import duty on edible oils including palm oil is likely to hit thousands of coconut farmers in Kerala.
- MMTC floats edible oil import tender
State-run MMTC Ltd on Friday floated an import tender for 6,000 tonnes of palmoil and another 6,000 tonnes of refined palmolein.
- India bans palm oil imports at all Kerala ports
India has extended a ban on the import of palm oils to all ports in southern Kerala state after lobbying from producers of rival coconut oi...
- Oil prices decline on new stocks arrival for festivals
A weak trend developed in the wholesale oils and oilseeds market during the week with select edible oils falling on arrival of new stocks t...
- Govt extends Customs duty cut on palm oil till Dec 31
: In a bid to check prices of essential commodities, the Government today extended 10 per cent customs duty cut on palm group of oils to tw...