Edible Oil News in English
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72SIAT Group Consolidates Edible Oil Subsidiaries In Nigeria, Ghana Under Presco Plc
SIAT Group is consolidating its edible oil operations in Nigeria and Ghana under Presco Plc., aligning its subsidiaries Presco, Siat Nigeria Limited,...
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100Experts advocate lifting palm oil ban to preserve forex
At a recent conference in Colombo, experts emphasized that Sri Lanka's ban on palm oil, which is crucial for its food products,...
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99Explained: Why consumption of mustard oil is banned in the US and Europe
Mustard oil, a staple in Indian cuisine, is banned in the US, Canada, and Europe due to its high erucic acid content....
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86Palm oil snaps three days of losses after strong exports data
On July 26, Malaysian palm oil futures rebounded, rising 33 ringgit (0.84%) to 3,951 ringgit ($848.04) after three days of declines. The...
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179Oil palm to be cultivated in 1 lakh acres in 2024-25
In Hyderabad, Telangana has set a goal to expand oil palm cultivation to 100,000 acres in the 2024-25 financial year. Presenting the...
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67Palm oil extends falls on higher output estimates, weaker rivals
Malaysian palm oil futures fell for a third session on Thursday, dropping 0.25% to 3,915 ringgit ($838.78) per metric ton. The decline...
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87Shun Shing Edible Oil merges with Bangladesh Edible Oil
On July 4, Shun Shing Edible Oil Ltd (SSEOL) merged with Bangladesh Edible Oil Ltd (BEOL), enhancing BEOL's market presence in Bangladesh's...
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82Palm oil extends falls on higher output estimates, weaker rivals
Malaysian palm oil futures fell for a third session, pressured by weaker competing edible oils and forecasts of higher output. The benchmark...
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81Edible oil industry body SEA disappointed over no hike in import duties on cooking oils
The Solvent Extractors' Association (SEA) urged the government to allocate sufficient funds to boost domestic oilseed production. However, the industry body expressed...
