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OILSEEDS AND OIL PALM
Can a weak monsoon slow India's economy? Here's what investors need to knowA 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by...- Indian soybean acreage expected to rise on higher prices, weak monsoon outlookIndian farmers are planting more soybeans this year. Higher prices for soybeans are making them more profitable than corn. Forecasts of les...
- Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...
- India can't afford rising import dependence on edible oil: Industry body SEA on PM appealThe Solvent Extractors’ Association of India (SEA) backed Prime Minister Narendra Modi’s appeal to reduce edible oil consumption, saying lo...
- Forecast for strong El Nino fans worries about global crops as Iran war bitesA strong El Nino is expected in the second half of 2026. This will bring hotter, drier weather to Asia. Crops and food supplies will be aff...
- Global palm oil supply to tighten in FY27 amid biodiesel push and weather risks: SEAIn fiscal year 2027, the outlook for palm oil production across the globe appears precarious. Major exporting nations are intensifying thei...
- India's March palm oil imports fall 19% to three-month lowIndia’s palm oil imports fell nearly 19% month-on-month in March to a three-month low of 689,462 tonnes, as higher global prices prompted r...
- India’s record import of edible oil is drowning local producersOver half of India’s domestic demand for edible oil is met through imports. The imports would only increase if no drastic measures are take...
- As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEAThe Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to...
- No proposal to impose restriction on Malaysian imports currently: Piyush Goyal"At present, there is no proposal to impose a restriction on import of any item from Malaysia," Goyal said in a written reply to the Rajya ...
- Reduction of edible oil import duty will harm industry and farmers says SEAIndia has seriously compromised its edible oil security which has resulted in dependence on imports growing to almost 70%. The main reason ...
- India still highly dependent on edible oil imports: ICRAThe government is currently running ‘National Mission on Oilseeds and Oil Palm (NMOOP)’ to encourage the adoption of newly released varieti...
- Indian edible oil industry tries to increase oil palm plantation in North East IndiaThe edible oil industry in the country is exploring the possibility of increasing oil palm cultivation in the North East to boost there.
- CCEA approves National Mission on Oilseeds and Oil Palm during the 12th Plan periodThe Cabinet Committee on Economic Affairs (CCEA) has approved the implementation of the National Mission on Oilseeds and Oil Palm (NMOOP) d...
- CCEA approves National Mission on Oilseeds and Oil PalmGovernment approved implementation of the NMOOP during the 12th Plan Period and has allocated Rs 3,507 crore for the purpose.
- India should impose 10 pc duty on palm oil imports: AnalystIndia should consider imposing 10 per cent import duty on crude palm oil to protect interests of oilseed farmers, an analyst said today.
- Edible oils decline on subdued demand, global cuesSelect edible oils declined by up to Rs 50 per quintal in the wholesale oils and oilseeds market due to fall in demand at prevailing higher...
- India's palm oil import may fallIndia is the world's largest buyer of palm oil, which represents more than 80% of its edible-oil imports.
- Cooking oil price may rise on low productionConsumers who have been hit by the rising food prices through much of the year may be in for disappointment as the New Year rings in.
- Industry offers investment to boost oilseeds outputWith the government still dithering on creating a special fund for oilseeds development, Indian edible oil industry has offered to make inv...
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