Leading executives from prominent fast-moving consumer goods (FMCG) companies in India have reassured consumers that edible oil prices are expected to remain stable during the…
View More Stable Edible Oil Prices Are Anticipated for Festive Season; El Nino May Trigger Future Rise
Over the past year, inclement weather has cast its shadow on the inflation trajectory, impacting not only essential kitchen commodities but also gourmet superfoods preferred…
View More Surge of 80% in Olive Oil and Fox Nut Prices
Extreme weather in Europe is endangering the oil supply, and genetically modified crops may be a viable answer. The olive oil business in Europe is…
View More Could GM Crops Provide a Solution to The Olive Oil Crisis?
According to FMCG companies such as Adani Wilmar, Gemini Edibles & Fats India, and Tirupati Agritrade, the prices of sunflower oil have fallen more than…
View More Prices of sunflower oil decline as Ukraine sends supplies to India
The Indian government has directed the edible oil industry to cut the maximum retail price (MRP) of their products with immediate effect to pass on…
View More Govt directs the industry to cut edible oil MRP in line with global pricesThe food and beverage conglomerate severed relations with Astra Agro Lestari (AAL), which has been accused of land grabs and human rights violations. PepsiCo is…
View More PepsiCo urges its suppliers to stop buying palm oil from its Indonesian producerGodrej Agrovet Ltd. has proposed to invest Rs 100 crore to set up a refining plant for edible oils in Andhra Pradesh. The company has…
View More Godrej Agrovet signs MoU with AP govt to set up edible oil refining plant at Rs. 100 croreIndia is going to scrap a duty-free import quota of 2 million tonnes of crude sunflower oil for the next fiscal starting from April 1,…
View More India outs 2023-24 duty-free import quota on sunflower oilTo protect domestic supply amid rising cooking oil prices ahead of upcoming Islamic festivals, Indonesia is suspending some palm oil export permits. Palm oil exporters…
View More Indonesia to stop some palm oil exports for the time beingThe cooking oil industry is let down by the budget this year as the finance minister did not accept the industry’s demand to launch a…
View More Cooking oil industry is totally neglected in the budget for 2023