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SUDHAKAR DESAI
India's edible oil output set to hit 9.6 mln tonnes in 2025-26; imports likely at about 16.7 mln tonnes: IVPAIndia will need to import 16.7 million tonnes of cooking oils in 2025-26. Domestic production is projected at 9.6 million tonnes, covering ...- 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...
- Edible oil imports decline: IVPA pushes for India’s self-sufficiencyThe Indian Vegetable Oil Producers’ Association (IVPA) has urged accelerating edible oil self-sufficiency amid declining imports, global pr...
- Indian importers ramp up palm oil purchases ahead of festival seasonIndian vegetable oil importers are increasing palm oil purchases in anticipation of higher demand during the festival season, driven by dec...
- India's palm oil imports set to rise in H2 on festival demand & lower prices: IVPA PresidentIndia's palm oil demand is poised to rise in the latter half of the year, fueled by upcoming festivals and reduced prices, according to IVP...
- Emami Agrotech passes on benefits of input cost cuts to consumersThe company monitors the MRP changes across the popular consumer pack of 1-litre pouch for the mustard, soyabean, rice bran and sunflower v...
- Refined oil duty cut won't bring down prices: CosThe government's move on Wednesday night to reduce the duty on refined soybean oil and refined sunflower oil to 12.5% from 17.5% will not h...
- Palm oil imports could jump to 4-year high on lower prices: Report"Consumption fell for two straight years because of the pandemic. This year, it would rebound by about 5% as restrictions have eased and pr...
- India's Feb sunoil imports fall as war disrupts shipmentsIn February 140,000 tonnes of sunflower oil landed in India, down from 307,684 tonnes in January, said a Mumbai-based dealer with a global ...
- India's palm oil imports set to jump as tax cut lures refinersHigher imports by India, the world's biggest buyer of palm oil, will support benchmark Malaysian palm oil prices that hit their highest lev...
- Cooking oil and tea see an increase in demand during the festive seasonThe demand for both the commodities also revived in hotels and restaurants, although the requirement for the catering industry continued to...
- India's edible oil sales likely to reach pre-Covid levels in 6 monthsAverage monthly sales had fallen sharply from 1.9 to 2 million tonnes before the pandemic. The market improved in July, said BV Mehta, exec...
- Soya, sunflower oil sale up as people shun eateries, eat home foodThe long shutdown will reduce cooking oil imports by 12% this fiscal, industry executive said.
- Cooking oil demand from big buyers to fall 30-35%Demand from big buyers is likely to fall 30-35% this year, said Sudhakar Desai, president of the Indian Vegetable Oil Producers’ Associatio...
- Cooking oil may become 10% cheaperCurrent wholesale prices of branded soyabean and palm oil are Rs 78 a litre.
- Palm oil prices remain firm, particularly in east IndiaOn January 2, India had moved refined palm oil imports from free to restricted category to protect domestic refiners. The commerce ministry...
- Emami Agrotech ships goods through inland waterways to North EastCo takes this option due to recent floods in West Bengal which resulted in derailment of road and rail transportation on the Siliguri corri...
- Emami targets Rs 1000 crore edible oil business in BiharBihar stands at over 7000 tons per month in a time span of less than three years' time in terms of sales volume, Desai said.
- Emami Biotech plans plant in western India to expand footprintEmami's p edible oil segment, which is around Rs 600 crore of the total revenue, is mostly restricted to the eastern and southern states.
- Mastek recasts top deck; to hire moreThe Rs 700 crore mid-size IT firm Mastek has undertaken a restructuring exercise that will streamline its operations. .
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