Edible Oil News in English
-
73Palm oil drops on profit-taking after reports of weaker export data
Malaysian palm oil futures fell 0.33% to RM4,210 per metric ton on Thursday, reversing Wednesday’s gains. The drop was driven by profit-taking...
-
51Malaysian palm oil up tracking rival soyoil
Malaysian palm oil futures rose 1.49% to 4,225 ringgit per metric ton on Wednesday, rebounding from earlier losses. The gain was driven...
-
62India plans to expand palm plantations to 1 mln ha, increase palm oil production
India aims to boost crude palm oil output from 0.35 to 2.3 million tonnes by 2029 under the National Oil Palm Mission....
-
64AWL Agri Business expects edible oil demand to stabilise after duty cuts
India's edible oil sector is seeing price corrections following the government’s June 2025 duty cut, which halved import duties on crude oils...
-
61Edible oil refiners’ revenue to dip 2-3% this fiscal despite volume growth: Crisil Ratings
India’s edible oil refiners are expected to see a 2–3% revenue decline in FY26 to ₹2.6 lakh crore, despite a 2.8–3% rise...
-
46Vegetable oil imports flat in June despite tariff cut boost to crude oils
India's vegetable oil imports stood unchanged at 1.54 million tonnes in June 2024, according to the Solvent Extractors Association (SEA). Imports of...
-
92India’s June palm oil imports jump 60% to hit 11-month high
India’s palm oil imports surged 60% in June 2025 to 955,683 tonnes, the highest in 11 months, driven by lower prices versus...
-
80Nigeria’s top palm oil makers’ profit to hit N161bn as prices climb
Nigeria’s palm oil sector is set for record profits in 2025, with Okomu and Presco projected to post N161 billion in combined...
-
62Edible oil imports decline by 8.78% in the first 8 months of current oil year
India's edible oil imports fell 8.78% to 92.08 lakh tonnes in Nov–June 2024–25 due to lower palm and sunflower oil imports. Soybean...
