Edible Oil News | Edible Oil Market | Edible Oil in English

Palm oil falls on profit-taking, weaker Chicago soyoil

On Thursday, Malaysian palm oil futures closed lower as profit-taking ensued amidst a backdrop of Chicago soyoil weakness, with the benchmark August...

92

Smuggled edible oils threatening local industry

Benso Oil Plantation PLC's GM, Samuel Avaala Awonnea, cites Togo's free port system for smuggled cooking oil surge in Ghana. Tensions in...

116

How Finance bill will change edible oil prices

Consumers face a potential Sh160 hike per liter for edible oil if the Finance Bill 2024's proposed 25% excise duty on raw...

112

Govt shares pics of duplicate labels being put on fakeedible oil

In Rajasthan's Ajmer, a medical team confiscated approximately 18,000 liters of misbranded edible oil. The team uncovered a scheme involving duplicates and...

109

Palm opens lower on weaker crude oil prices, rival oils

KUALA LUMPUR, May 30 (Reuters) - Malaysian palm oil futures fell on Thursday, with the benchmark palm oil contract FCPOc3 for August...

108

Govt. may halve source tax on 28 essentials, will the price decrease?

In a welcome move, the government will halve the source tax to 1% on 28 essential commodities and food grains. This includes...

82

KAM seeks to ringfence VAT refunds

Kenyan manufacturers, represented by the Kenya Association of Manufacturers (KAM), propose ring-fencing VAT refunds to Parliament, aiming to improve cash flow. They...