Edible Oil News in English Archives - Page 16 of 128

Banglades: Edible oil price rises even after VAT cuts

Edible oil prices in Bangladesh have surged by Tk 5.0-6.0 per liter, despite government VAT cuts aimed at reducing costs. Loose soybean...

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Palm Oil Sees Strongest Weekly Gains Since June 2022

Malaysian palm oil futures hit a 14-month high at 5,100 ringgit per ton, driven by tight supply and strong demand. Indonesia’s 2025...

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Inflation in India to rise further to 5.81% on rising food costs: Poll

India's consumer price inflation reached a 14-month peak of 5.81% in October, primarily driven by rising vegetable and edible oil prices. Food...

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Soybean Prices Remain Below MSP Despite Duty Hikes

Despite raising import duties on edible oils to support domestic soybean prices, mandi prices still fall below the MSP of ₹4,892/quintal, averaging...

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Palm oil ends up supported by rival oils at Dalian

Malaysian palm oil futures rose, driven by gains in Dalian’s soyoil and palm oil contracts, with January palm oil closing at 4,950...

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CHENNAI : FMCG Companies Prepared for Price Hikes Business

FMCG companies, including Hindustan Unilever and Godrej Consumer Products, are preparing for price hikes due to ongoing inflation in crude palm oil,...

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Indonesia optimistic about palm oil industry’s future amid global, domestic challenges

Indonesia’s Deputy Minister of Agriculture Sudaryono expressed optimism at the 2024 Indonesian Palm Oil Conference, highlighting the industry’s global leadership and its...