Edible Oil News in English Archives - Page 27 of 128

Explained: Centre’s pro-farmer turn in edible oils

The Modi government has raised the basic customs duty on imported crude palm, soybean, and sunflower oils to support oilseed farmers, effective...

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Indonesia issues new palm oil levies rule to boost competitiveness

Indonesia, the world's largest palm oil exporter, will implement new monthly levies on palm oil exports, effective Saturday. Crude palm oil will...

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India palm oil output to triple in 6 years as farmers plant more: Agrovet

India's palm oil production is projected to triple, reaching 1.2 to 1.5 million metric tons by 2030-31, up from 400,000 tons currently....

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Global price decline in edible oil, new crop to cushion inflationary impact of import duty hike, economists say

The recent increase in import duties on edible oils, now at 20%, is unlikely to significantly impact domestic inflation. Economists anticipate that...

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Olive oil: Turkey export restrictions lifted

Turkey has lifted restrictions on olive oil exports ahead of schedule, initially imposed in August 2023, due to a projected global increase...

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Palm oil rises on stronger rival Dalian, weaker ringgit

Malaysian palm oil futures rose 1.77% to 3,913 ringgit ($917.47) per metric ton on September 19, supported by stronger rival oils and...

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‘No Palm Oil’ labelled products resurface on Malaysian shelves

"No Palm Oil" labels have reappeared in Malaysian supermarkets, defying the country's law prohibiting such labels. Authorities had previously seized products worth...