Edible Oil News in English
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37India aims to double edible oil output to trim reliance on imports
India has approved a ₹101 billion ($1.2 billion) program to double edible oil production within seven years, aiming to reduce dependence on...
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56Palm eases on weak Chicago soyoil; firmer crude oil and weak ringgit limit losses
Malaysian palm oil futures fell on Thursday, declining 1.5% to 4,133 ringgit ($980.78) per metric ton due to weaker Chicago soyoil prices....
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57Malaysian Palm Oil Prices Climb Due To Middle East Tensions
Malaysian palm oil futures surged amid rising crude oil prices due to escalating Middle East tensions, enhancing palm oil's appeal as a...
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47Oil palm farmers happy with rise in FFB prices, but want stable returns
The recent increase in duties on the import of crude and refined edible oils has resulted in an increase of about ₹2,500...
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51Palm up on Indonesia’s October reference price hike
Malaysian palm oil futures increased 1.08% to 4,038 ringgit ($969.74) after Indonesia raised its October crude palm oil reference price by $54...
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68Edible Oils Market Growth, Emerging Trends, Size, Share, Business Opportunities, Industry Analysis, Key Segments, Leading Players, and Forecast – 2027
The global edible oils market is expected to grow from USD 212.6 billion in 2022 to USD 268.9 billion by 2027, at...
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65Mustard Oil Prices to Sustain Momentum in the Second Half of the Year 2024
Mustard oil prices have surged due to the government's increased import duties on edible oils, reduced domestic mustard production, and growing demand...
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47Increase in import duty on edible oil to have wide-ranging effects on food sector in India, says GlobalData
The Indian government’s 20% basic customs duty on crude edible oils, like sunflower, soybean, and palm oil, aims to support domestic farmers...
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36Palm slips, dragged down by rival edible oils, strong ringgit
Malaysian palm oil futures fell on Monday, with the December contract dropping 0.74% to 4,021 ringgit per metric ton, driven by declines...
