In a significant move to support domestic edible oil refiners, the Government of India has slashed the basic customs duty on crude palm oil, crude…
View More Govt Slashes Import Duty on Crude Edible Oils to Boost Local Refiners, Curb Refined Imports
Category: Edible Oil
Niti Aayog Member Urges GM Edible Oils for Self-Reliance, Seeks Clear Labelling
India must embrace genetically modified (GM) edible oil crops to achieve self-sufficiency and reduce its import dependence, said Niti Aayog member and noted agriculture economist…
View More Niti Aayog Member Urges GM Edible Oils for Self-Reliance, Seeks Clear Labelling
Govt Approves Oil Palm Cultivation in Assam’s Tea Estates to Tackle Industry Woes
To revitalize Assam’s struggling tea industry, the Union Ministry of Agriculture and Farmers Welfare has agreed to extend the National Mission on Edible Oils –…
View More Govt Approves Oil Palm Cultivation in Assam’s Tea Estates to Tackle Industry Woes
Patanjali Foods to Set Up Oil Palm Mill in Mizoram to Boost Edible Oil Sector
Patanjali Foods Ltd. is set to establish an oil palm mill in Mizoram, a move aimed at strengthening India’s edible oil retail sector. The mill,…
View More Patanjali Foods to Set Up Oil Palm Mill in Mizoram to Boost Edible Oil Sector
Edible Oil Industry Seeks Govt Action against Cheap Imports Hurting Farmers and Processors
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
Post-Adani Exit, Wilmar to Follow ITC; Leverage Cash-Core Oil Business to Expand FMCG Portfolio
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 Emerges as Key Target Market for Palm and Soybean Oil Sectors in 2025
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
Olive Oil Crisis Eases with Bumper Harvest, But Prices Unlikely to Drop Significantly
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
Sharp Decline in Edible Oil Prices After Continuous Surge; Traders Advised Caution
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
Edible Oil Industry Appeals for Futures Trading to Support Farmers, Stabilize Prices
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