Cooking oil prices rise as rupee depreciatesThe depreciation of the rupee has led to a rise in cooking oil prices by around 5-6 per kg, impacting consumers. Additionally, the cost of ...
11 Feb, 2025, 11.13 PM IST
India palm oil output to triple in 6 years as farmers plant more, says Agrovet execIndia's palm oil production is set to triple by 2030-31 as the area under cultivation expands and plantations mature. This increase will re...
20 Sep, 2024, 12.49 PM IST
Aging trees show a crisis looms for the world’s everything oilOil palms are nearing their commercial lifespan, which is a quarter century, which is leading to less yield of versatile edible oil. This o...
10 Oct, 2023, 09.40 AM IST
India's June palm oil, soyoil imports jump on lower pricesA rebound in buying by the world's biggest vegetable oil importer would support Malaysian palm oil futures and help top producers Indonesia...
04 Jul, 2023, 02.37 PM IST
Indonesia extends palm oil export levy waiver to October 31Earlier in July, Indonesia had announced slashing its export levy for all palm oil products until August 31 in a fresh attempt to boost exp...
24 Aug, 2022, 12.57 PM IST
Indonesia removes palm oil export levy until August 31The decision by the world's biggest palm oil exporter could further depress prices, which have fallen by about 50% since late April to thei...
17 Jul, 2022, 11.45 AM IST
Palm hits near 6-month low as Indonesian exports, slower demand weigh"The (palm oil) contract is having a bear run on the back of renewed China lockdowns, which could lead to lower demand, as well as Indonesi...
21 Jun, 2022, 01.45 PM IST
Indonesia moved to 'flush out' palm oil after slow export resumptionThe aim is to "flush out" shipments, senior minister Luhut Pandjaitan said on Friday, but the frequent policy changes have unnerved edible ...
10 Jun, 2022, 05.14 PM IST
Indonesia has issued around 302,000 tonnes of palm oil export permitsIndonesia typically exports around 2.5 million tonnes of palm oil products per month. Luhut said the government would require palm oil comp...
05 Jun, 2022, 05.22 PM IST
Indonesia set to resume palm oil exports but policy uncertainty persistsThe Southeast Asian country, the world's biggest palm oil producer, halted exports of palm oil from April 28 in an attempt to bring down so...
23 May, 2022, 11.48 AM IST
Indonesia palm ban: The other oil crisis will lead to a hungrier worldPalm plantations are to Southeast Asia what cornfields are to the U.S. Midwest. Like corn, palm fruit can produce a mixture of human food, ...
27 Apr, 2022, 11.06 AM IST
Malaysia to strengthen trade ties with India after palm oil purchasesMalaysia's exports to India in January to April fell to 96,145 tonnes, down 94% from the same period in 2019, Plantation Industries and Com...
21 May, 2020, 10.55 AM IST
- Centre to procure 90,000 tonnes of palm oil from Andhra Pradesh
The procurement would be done at market intervention price of Rs 5,720 per tonne with overhead expense of Rs 100 per tonne.
08 Mar, 2013, 03.29 PM IST
- Karnataka beckons Palm Oil farmers
The Karnataka government is working on modalities to provide assured returns to palm oil cultivators.
05 Aug, 2011, 04.35 AM IST
Union Budget 2011: Edible oil industry sees no immediate impactFM’s proposal in Union Budget to provide an amount of Rs 300 crore to bring in 60,000 hectares under palm oil production has not enthused t...
28 Feb, 2011, 02.09 PM IST
- Oil palms and profits from energy demand
Baby vegetables may have glamour. But oil palms - nerdy tropical trees with oily fruit - have won the corporate farming sweepstakes.
06 May, 2010, 11.02 AM IST
- Industry offers investment to boost oilseeds output
With the government still dithering on creating a special fund for oilseeds development, Indian edible oil industry has offered to make inv...
07 Dec, 2009, 03.19 AM IST