The import of cheaper, duty-free edible oil is adversely affecting oilseed farmers and domestic processors, prompting the edible oil industry to urge the government to…
View More Edible Oil Industry Seeks Govt Action against Cheap Imports Hurting Farmers and Processors
Adani Wilmar Ltd (AWL), India’s largest edible oil company, is set to replicate ITC’s growth strategy by leveraging its core edible oil business to drive…
View More Post-Adani Exit, Wilmar to Follow ITC; Leverage Cash-Core Oil Business to Expand FMCG Portfolio
India is set to solidify its position as one of the world’s largest food commodity consumption markets in 2025, with palm oil and soybean oil…
View More India Emerges as Key Target Market for Palm and Soybean Oil Sectors in 2025
Madrid: The global olive oil crisis is showing signs of relief as prices fall from record highs, thanks to a bumper harvest in Spain and…
View More Olive Oil Crisis Eases with Bumper Harvest, But Prices Unlikely to Drop Significantly
After a steady three-month rise, international edible oil prices have witnessed a sharp downturn. Shankar Thakkar, president of the All India Edible Oil Traders Federation,…
View More Sharp Decline in Edible Oil Prices After Continuous Surge; Traders Advised Caution
The edible oil industry has urged the government to reinstate futures trading in crude palm oil and crude soybean oil, citing its critical role in…
View More Edible Oil Industry Appeals for Futures Trading to Support Farmers, Stabilize Prices
India’s edible oil imports declined by 3.09% in the 2023-24 oil marketing year, reaching 159.6 lakh metric tons, according to the Solvent Extractors Association of…
View More India’s Edible Oil Imports Dip 3% to 159.6 Lakh Tons in 2023-24: SEA Report
The global soybean market is experiencing downward pressure on prices, driven by expectations of record production. Shankar Thakkar, president of the All India Edible Oil…
View More Soybean Prices Decline Amid Record Global Production Forecasts
Amid a broader slowdown in India’s fast-moving consumer goods (FMCG) sector, Adani Wilmar, the nation’s largest edible oil supplier, reports strong demand for kitchen essentials…
View More Adani Wilmar Sees Resilient Demand for Cooking Oil Amid FMCG Slowdown
Prices for biscuits, snacks, detergents, and soaps are set to rise by 6-7% in the next quarter following the government’s decision to increase customs duty…
View More Price Hikes Loom for Biscuits and Snacks as Customs Duty on Edible Oils Rises by 20%