Edible Oil News in English
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4610 percent increase in stock of edible oils at Indian ports
Edible oil stocks at Indian ports rose by 10% from December 31, 2024, to January 15, 2025, reaching 11,30,132 tonnes. While palm...
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59Hindustan Unilever acquiring palm undertaking in Telangana, plans nurseries and oil mill
Hindustan Unilever (HUL) is acquiring the palm undertaking of Vishwatej Oil Industries in Telangana’s Kamareddy district to support its palm localisation strategy....
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41Palm declines on weak rival oil, stronger ringgit
Malaysian palm oil exports for Jan. 1-20 declined by 18.2% to 23% due to a stronger ringgit, making it less attractive to...
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96Indian Agriculture ministry launches first-ever national edible oil consumption survey
The Union agriculture ministry has launched a nationwide survey to assess edible oil consumption patterns in India to aid the NMEO-Oilseeds initiative....
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48Bangladesh : Refiners press for edible oil price hike despite global fall
Local refiners have urged the government twice this month to raise edible oil prices, citing import costs and ensuring supply during Ramadan,...
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59Palm falls on weak rival oil prices, export data
Malaysian palm oil futures hit a three-month low, falling 1.43% to 4,207 ringgit/ton due to weak export demand, declining by 15.5%-23.7% in...
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53India”s Palm Oil Market Share Drops to 48% in 2024 Economy
The market share of palm oil in India's imported edible oil basket dropped to 48% in December 2024 from 72% a year...
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59Soyabean, sunflower oils push India’s edible oil imports up by 13%
India's edible oil imports rose 13.03% in the first two months of the oil year 2024-25, driven by a surge in soyabean...
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India’s Palm Oil Imports Slump In December As Soybean Oil Gains Market Share
India's palm oil imports dropped sharply in December 2024 as consumers switched to cheaper South American soybean oil, which more than doubled...
