Edible Oil News in English
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111Palm 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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111Edible 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...
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108Patanjali Foods’ profit surges despite revenue dip, edible oil boosts bottomline
"Patanjali Foods, led by Baba Ramdev and Acharya Balkrishna, reported a significant profit increase despite a revenue decline. For the quarter ending...
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116Union Budget: Edible oil industry seeks higher customs duty to motivate farmers
Even though the Union Budget has given a fresh impetus to the agriculture sector, the edible oil industry feels that to increase...
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112India’s July edible oil imports to surge to record on robust palm buying: report
India has bought a record amount of edible oils for July delivery, driven by refiners increasing palm oil and soy oil purchases...
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114Consider keeping food prices out of inflation target: CEA
The short-term outlook for India’s inflation trajectory is benign, with the pace of price rise likely to align with the 4% target...
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105Patanjali Foods shares up over 2% after profit surge in first quarter
Shares of Patanjali Foods rose over 2% on July 22 after reporting a threefold jump in net profit to ₹263 crore for...
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110Mustard Oil Market Heats Up: Supply Chains Strain as Demand Soars
In recent months, Mustard Oil prices have surged, impacting consumers and food manufacturers globally. Adverse weather, reduced vegetable oil acreage, and trading...
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114India’s short-term inflation moderate, but requires long-term measures: Economic Survey
Inflation risk in India is currently under control but requires policy measures for long-term stability, as per the Economic Survey 2023-24. Inflation...
