India's March palm oil imports drop to 10-month low as sunoil jumpsImports of soyoil rose 26.4% to 218,604 tons, those of sunflower oil were up about 50% at 445,723 tons, while total vegetable oil imports g...
11 Apr, 2024, 01.22 PM IST
India's sunoil imports to falter as Red Sea attacks lift freight costsIndia's sunflower oil imports are set to decline as prices rally due to increased freight rates. Buyers are shifting to rival vegetable oil...
23 Jan, 2024, 04.16 PM IST
Cheap sunflower oil from Russia, Ukraine rattles palm oil marketThe influx of cheap sunflower oil from Russia and Ukraine is causing palm oil prices to decrease. The two top producers are taking advantag...
11 Oct, 2023, 03.20 PM IST
India's July edible oil imports at record highIndia's edible oil imports hit a new record of 1.76 million metric tonnes in July, as refiners stockpiled ahead of upcoming festivals amid ...
02 Aug, 2023, 02.00 PM IST
India's sunoil imports rise to record as Russia-Ukraine fight for market shareRecord imports by India, the world's biggest vegetable oil importer, come as sunoil's discount to rival soyoil widened to the highest level...
27 Jan, 2023, 11.50 AM IST
India's May palm oil imports surge to 7-month high despite Indonesia's ban-dealersHigher purchases by India, the world's biggest importer of vegetable oil, could support Malaysian palm oil prices, which are trading near a...
06 Jun, 2022, 01.49 PM IST
India's May palm oil imports on track despite Indonesia's curbs - tradeIndia's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the...
26 Apr, 2022, 03.38 PM IST
Global edible oil markets simmer after shock Indonesia banGlobal palm oil production slumped in 2020 and 2021 due to a drop in migrant labour on plantations across Southeast Asia, which led to redu...
25 Apr, 2022, 01.06 PM IST
Indonesia bans palm oil exports as global food inflation spikesGlobal prices of crude palm oil, which Indonesia uses for cooking oil, have surged to historic highs this year amid rising demand and weak ...
25 Apr, 2022, 12.40 PM IST
Soyoil futures surge as Indonesia bans palm oil exports to increase supplyPresident Joko Widodo announced that Indonesia will be banning palm oil exports until further notice from April 28. He announced that the g...
23 Apr, 2022, 08.33 AM IST
Indonesia to ban palm oil exports to curb domestic pricesThe measure could further inflame global food inflation that soared to a record high following Russia's invasion of Ukraine, raise costs fo...
23 Apr, 2022, 12.02 AM IST
India's palm oil imports jump in March as Ukraine sunoil supplies haltIn March, 539,793 tonnes of palm oil landed in India, up from 454,794 tonnes in February, the Solvent Extractors' Association of India (SEA...
13 Apr, 2022, 12.46 PM IST
India buys Russian sunoil at record high price as Ukraine supplies haltSunflower oil from Russia could help the world's biggest edible oil importer in easing the shortfall at a time when availability of vegetab...
29 Mar, 2022, 01.24 PM IST
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 ...
04 Mar, 2022, 09.52 AM IST
Palm oil becomes costliest vegoil as Ukraine war halts sunoil supplyPalm oil's record premium over rival oils could squeeze price-sensitive Asian and African consumers already reeling from spiralling fuel an...
01 Mar, 2022, 03.36 PM IST
India stops buying sunoil as Ukraine conflict maroons shipmentsAbout 380,000 tonnes of sunflower oil shipments from the Black sea region to India are stuck at ports and with producers, and new purchases...
25 Feb, 2022, 11.55 AM IST
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.
24 Feb, 2022, 10.15 AM IST