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SUDHAKAR DESAI IVPA
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...
Govt to notify new vegetable oil regulation order next week: Food secretaryIndia's government is set to introduce the 2025 Vegetable Oil Products Regulation Order, replacing the 2011 order, to enhance edible oil mo...
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...
Import duty cut on crude edible oils will protect local processors: Industry bodiesThe government has reduced the basic custom duty on crude palm, soyabean, and sunflower oils to 10%, a move lauded by SEA and IVPA. This de...
IVPA calls for lifting suspension on oil seeds commodity derivativesThe Indian Vegetable Oil Producers Association advocates for the removal of the suspension on oil seeds commodity derivative contracts to i...
Hike duty on edible oils to arrest price fall: FMCG companiesThey said the production of edible oils in the domestic as well as international market is ample and that if the government does not increa...
Edible oil prices likely to drop furtherThis follows on the heels of the government pushing enterprises to reduce the maximum retail price of edible oils by Rs 15. The correction ...
Ukraine crisis threatens sun oil supply, fuels veg oils rallyVegetable oil buyers were banking on sunflower oil, the fourth most produced oil after rapeseed oil, to plug the supply gap.
India makes refined palm oil freely importable to bring down consumer prices; industry calls it a death knell for local refinersAccording to the Solvent Extractors Association (SEA), the reduction in import duty on crude palm oil is around $55/60 per tonnes or Rs 460...
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 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...
Edible oil industry wants import of refined palm oil to be restrictedThe government should not issue licenses for import of refined palm oil to companies to protect local refiners and oilseed growers, said ed...
Edible oil producers seek lower duty on raw, refined importsProducers seek decreasing import duties of crude palm oil (CPO) to 30% from 40% and refined palm oil to 45% from current 50%