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PALM OIL SURGE
Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...
Further price hikes likely in food, personal care products as raw material costs rise: ReportPrices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food...
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...
June quarter earnings to determine market direction, says Sunil Subramaniam, warns on risks in near termMarket expert Sunil Subramaniam advised caution amid geopolitical uncertainty and rising input costs, while favouring consumer durables, ca...
India soymeal exports to fall to four-year low on rising pricesIndia's soymeal exports are projected to drop by half to a four-year low in the current year, driven by a 47% price surge over the past mon...
India's vegetable oil imports jump 13 per cent in first half of 2025-26 on palm oil surgeIndia's vegetable oil imports surged 13 percent to 7.94 million tonnes in the first half of the 2025-26 oil year. Palm oil shipments nearly...
Gulf shipping standoff hits world’s most vulnerable farmersGlobal supply chain disruptions, exacerbated by international conflicts, are making essential farming inputs scarce and unaffordable for sm...
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
Wingreens World goes for Safe Harvest via share-swap routeWingreens World has acquired Safe Harvest in a share swap deal, marking Wingreens' fifth acquisition. The company also secured over ₹120 cr...
HUL is caught in a war of costs as Middle East conflict flaresHindustan Unilever celebrated a solid profit for the March quarter, yet issued a caution regarding escalating geopolitical tensions. The on...
Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
Edible oil imports in March rise 12% to 11.73 lakh tonne: SEAIndia's edible oil imports saw a 12 percent jump in March. This increase was driven by more crude palm oil shipments. However, future impor...
India's March palm oil imports fall to 3-month low as prices surgeMarch brought a sharp turn for India's edible oil import scene, with palm oil imports witnessing a striking 19% decrease, marking a three-m...
Godrej Consumer mulls more gradual price hikes for soapsIndia's Godrej Consumer Products plans to gradually increase soap prices to protect margins amid rising palm oil costs. CEO Sudhir Sitapati...
India's Oct palm oil imports hit 3-month high on festive demand, dealers sayIndia's palm oil imports saw a significant 59% increase in October, reaching a three-month high. This surge was driven by refiners restocki...
- Hike duty on edible oil imports, urges SEA
Edible oil processors have urged Pranab Mukherjee to hike import duty to 16.5 per cent from the existing 7.5 per cent to save the domestic ...
Budget 2012: Hike duty on edible oil imports, says SEAEdible oil processors have urged Finance Minister Pranab Mukherjee to hike import duty on the commodity in the Union Budget 2012-13.