Edible Oil News in English
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94NEW DELHI: No relief for consumers as global prices of edible oils spike
Consumers will face higher edible oil prices in the coming months due to increased global rates and rising import duties. The Indian...
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131Pakistan :PVMA urges govt to temporarily abolish import duty on edible oil
The Pakistan Vanaspati Manufacturers Association (PVMA) has urged the government to temporarily eliminate the import duty on edible oil to alleviate consumer...
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109SEA asks members not to increase prices of old stock of edible oil
The Solvent Extractors’ Association of India (SEA) urged members to keep retail prices of older stock at pre-September 14 levels amid rising...
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141Consumers face the heat with cooking oil on the boil
In Pune, cooking oil prices have surged due to increased Diwali consumption. India raised import duties by 20% to support soybean farmers...
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76Adani Wilmar back in black in Q2 with Rs 311-crore profit, shares surge 6%
Adani Wilmar Ltd reported a consolidated profit of ₹311.02 crore for the September 2024 quarter, reversing a loss of ₹130.73 crore year-on-year....
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109No new forest clearing for palm oil
Malaysia will not clear additional forests for new palm oil plantations, focusing instead on maximizing yields from the current 5.7 million hectares....
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108Palm oil surges more than 2pc on stronger rival oils
Malaysian palm oil futures rose over 2% on Tuesday, with the benchmark January contract closing at 4,387 ringgit ($1,014.34) per metric ton,...
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110Palm oil up on positive export estimates
Malaysian palm oil futures rose to 4,301 ringgit ($1,000.23) per metric ton, increasing by 46 ringgit (1.08%) after two days of losses....
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164Bangladesh : VAT on import and trading of edible oil slashed
The National Board of Revenue (NBR) in Bangladesh has reduced the value-added tax (VAT) on soybean and palm oil imports, processing, and...
