Edible Oil News in English
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75Palm oil falls for second session as firmer ringgit weighs
Malaysian palm oil futures fell 0.82% to 3,876 ringgit ($852.24) per metric ton on August 1, marking the second consecutive session of...
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64Govt to monitor prices of 16 more commodities
The Department of Consumer Affairs will expand its price monitoring to include 16 additional commodities such as brinjal, eggs, bananas, and spices....
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58NAIROBI, Kenya Aug 1 – Manufacturers of vegetable oil have written to the National Treasury in a bid to have the new rate of duty on crude palm oil of 10 percent removed.
The Edible Oil Manufacturers of Kenya are protesting a new 10% import duty on crude palm oil, which has increased the cost...
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67Palm oil gains after two-day slide, but set for weekly loss
Malaysian palm oil futures rose slightly on Friday but are set for their second consecutive weekly decline due to a stronger ringgit....
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64Adani to shift flagship’s food business to Wilmar JV
Adani Enterprises will transfer its food business to Adani Wilmar, issuing shares of Adani Wilmar to its shareholders as compensation. This move...
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67SIAT Group Consolidates Edible Oil Subsidiaries In Nigeria, Ghana Under Presco Plc
SIAT Group has restructured its edible oil operations in West Africa by consolidating Ghana Oil Palm Development Ltd (GOPDC) and its Nigerian...
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63Edible oil processors petition Treasury over import duty tax
Kenyan vegetable oil manufacturers have petitioned the Treasury to remove a newly imposed 10% import duty on crude palm oil, effective July...
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56Edible palm oil to witness 10% revenue growth this fiscal, says CRISIL
India's palm oil industry is expected to see a 10% revenue increase this fiscal year due to consistent demand and favorable pricing....
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54In India’s Assam, ‘hopes dashed’ for high returns on oil palm production
In Jorhat, Assam, 65-year-old farmer Priya Ram Duwarah has planted 60 oil palm seedlings in his 1.2-acre field, shifting from paddy and...
