Edible Oil News in English
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484Palm oil sells at Tk30 above revised retail rate as wholesale prices surge
Despite a Tk19 per litre price cut for loose palm oil, prices in Bangladesh have risen instead of falling. Retail rates hit...
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207IVPA welcomes PM’s announcement on GST reforms, urges resolution of inverted duty refund issue
The Indian Vegetable Oil Producers’ Association urged restoring GST Input Tax Credit refunds blocked since July 2022, citing MSME cash flow strain,...
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175India buys rapeseed oil for first time in five years
India imported rapeseed oil for the first time in almost five years as high domestic prices made overseas purchases profitable. About 6,000...
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189Myanmar : CBM injects foreign currencies into import sector
The Central Bank of Myanmar (CBM) continues large-scale foreign currency sales to stabilize its market and curb kyat devaluation. Between 14–21 August...
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232Bangladesh : Bottled soybean oil price drops by Tk10 per litre
Bangladesh cut edible oil prices by Tk 10 per litre, fixing bottled soybean oil at Tk 189 and loose soybean oil at...
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131Palm heads for third weekly gain on strong rival oils
Malaysian palm oil futures rose for a third straight week, with November contracts up RM51 to RM4,511 (\$1,067) per ton, supported by...
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123Humble coconut oil turns into a luxury on rising demand, shrinking output
Coconut oil prices in Asia have tripled in two years, led by India, reaching ₹423,000 (\$4,840) per ton due to weather-hit output...
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362India resumes canola oil imports after 5 years as domestic prices surge
India imported 6,000 tons of canola oil from the UAE for August delivery, its first purchase in nearly five years, as domestic...
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124Kazakhstan increased sunflower oil production by 24.9% in the first half of the year
Kazakhstan produced 365.4 thousand tons of unrefined sunflower oil in the first seven months of 2025, up 24.9% year-on-year. Exports rose 46.2%,...
