All posts tagged "Edible Oil"
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47Edible Oil News in EnglishIncrease in import duty on edible oil to have wide-ranging effects on food sector in India, says GlobalData
The Indian government’s 20% basic customs duty on crude edible oils, like sunflower, soybean, and palm oil, aims to support domestic farmers...
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36Edible Oil News in EnglishPalm slips, dragged down by rival edible oils, strong ringgit
Malaysian palm oil futures fell on Monday, with the December contract dropping 0.74% to 4,021 ringgit per metric ton, driven by declines...
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47Edible Oil News in EnglishPalm closes over 2% lower but posts weekly gain
Malaysian palm oil futures fell by 2.41% due to a stronger ringgit, which made palm oil more expensive for buyers using foreign...
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60Edible Oil News in EnglishMandi prices of soybean rise on hike in import duty, likely to cross MSP as arrivals commence
Following a recent hike in import duties on edible oils, the mandi prices of soybean in India have risen by around ₹500...
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81Edible Oil News in EnglishPalm oil loses position as world’s cheapest edible oil as output shrinks
Palm oil, once the world’s cheapest edible oil, now commands a premium due to reduced output from key producers like Indonesia and...
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57Edible Oil News in EnglishEdible Oils and Fats Market to Exceed USD 226.68 Billion by 2033, Expanding at a 6.4% CAGR | FMI
In 2023, the edible oils and fats market is projected to generate $121.90 billion, with a forecasted CAGR of 6.4% leading to...
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54Edible Oil News in EnglishCooking Oil Market Size is expected to Reach 213.1 Billion by 2027
The global cooking oil market, valued at $168.4 billion in 2019, is projected to reach $213.1 billion by 2027, growing at a...
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56Edible Oil News in EnglishDespite government advisory, edible oil prices rise by up to Rs 22/litre
Despite the food department’s advisory to maintain prices during the festive season, edible oil prices have increased by Rs 8-22 per litre...
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54Edible Oil News in EnglishEdible oil prices up 5-10 per cent, may rise further
The recent hike in import duties on crude and refined edible oils has led to a rise in retail prices of kitchen...
