vegetable oils Archives

India’s agri costs panel moots dynamic duty structure for edible oils to protect domestic oilseed growers

The Commission for Agricultural Costs and Prices (CACP) has recommended implementing a dynamic duty structure to protect domestic oilseed growers from cheaper...

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Edible Oil News in English

Edible 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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Edible Oil News in English

Hike in import duty on oil to help farmers: SEA

Edible oil producers in Gujarat have praised the central government's decision to hike import duties on crude and refined oils. The effective...

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Edible Oil News in English

India’s Vegetable Oil Import Dips 1% In First 9 Months Of Current Oil Year

India's overall import of vegetable oils during the first nine months of the current oil year (November 2023 to July 2024) decreased...

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Edible Oil News in English

Palm oil falls for second session as firmer ringgit weighs

Malaysian palm oil futures fell 0.82% to 3,876 ringgit ($852.24) per metric ton on August 1, marking the second consecutive session of...

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Ethanol & Bioenergy News in English

Biodiesel tariff: China’s trade tensions with the European Union could intensify further

The EU is set to impose provisional tariffs of up to 36.4% on Chinese biodiesel imports from August 16, potentially escalating trade...

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Edible Oil News in English

Palm oil imports at 6-month peak, sunflower oil hits record high

India's palm oil imports rose 3% in June to 786,134 metric tons, the highest in six months, driven by robust demand from...

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Edible Oil News in English

Vegetable oil prices to remain volatile in 2H24

Affin Hwang Investment Bank Research anticipates continued volatility in vegetable oil prices throughout the second half of 2024, citing uncertainties in the...

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Edible Oil News in English