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Adani Wilmar may report 4% revenue drop in Q4; Find out why Nuvama sees its edible oils & industry essential business disappointing

While Adani Wilmar released its business update for the quarter ended March 31, 2024 earlier this month, stating that it has witnessed...

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Branded edible oil companies’ outlook turns warm

Firming up of edible oil prices could see branded players emerge on top after a long interval. In FY24, we saw a...

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Centre to buy 3mn tonne of mustard from farmers

The Union agriculture ministry, which projected mustard output at a record 12.69 million tonne, has begun buying the oilseed as market prices...

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Despite 316% profit growth, Emerald Oil’s shares nosedive

Despite a substantial 316% growth in profit in the first half of the current fiscal year 2023-24, the share price of Emerald...

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Palm opens lower on soft soyoil prices, inventory data in focus

NEW DELHI, April 8 (Reuters) -Malaysian palm oil futures opened higher on Monday, reflecting losses in rival soyoil even as market participants await...

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Price of olive oil soars 61% in Cyprus

Last month the price of olive oil in Cyprus surged by 61.7% compared to March 2023, per the Cyprus Consumers Association. Additionally,...

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Adani Wilmar sees double-digit growth in edible oil sales on festive demand

India’s Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season...

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Palm opens lower on soft soyoil prices, but set for weekly gain

JAKARTA, April 5 (Reuters) -Malaysian palm oil futures slipped on Friday following a fall in soyoil prices after lower-than-expected weekly export sales data...