Palm Oil

Oil palm cultivation to get massive push in Kerala

Govt aims to double area under cultivation to reduce dependence on imports, to offer subsidies and price support

published on : 27th May 2022

Indonesia to lift ban on palm oil exports from 23rd May

The archipelago nation issued the ban last month to secure supplies of the commodity, used in a range of goods from chocolate spreads to cosmetics, in the face of a domestic shortage.

published on : 19th May 2022

Indonesia's ban on palm oil exports a concern but impact to be transitory: FMCG industry

India is the world's largest importer and second-largest consumer of palm oil, which accounts for around 30 per cent of the country's edible oil consumption, said Ind-Ra.

published on : 1st May 2022

Edible oil prices likely to rise in next few months: Report 

Further, it noted that prices of all edible oils have witnessed a significant surge since the Covid outbreak that triggered supply chain disruptions globally.

published on : 30th April 2022

Edible oil industry suggests government initiate dialogue with Indonesia over palm oil ban 

The Indonesian oil ban will have a "devastating effect" unless sorted out quickly, an edible oil refiner official said.

published on : 25th April 2022

Cooking oil prices may go up by Rs 3-5 per kg as Indonesia bans palm oil exports

An expert said that the real impact would be felt only on Monday when the markets open, but initial reports indicate the sellers might increase the retail prices by Rs 3,000-5,000 per tonne.

published on : 23rd April 2022

Costly edible oils upset households

Pinching the pockets of countless households,  the edible oil market is on fire due to the ongoing hostilities  between Ukraine and Russia.

published on : 5th March 2022

War sparks panic buying of palm oil in Khammam  

It may be mentioned here that around 90 per cent of palm oil consumed in the country is currently being imported from other countries, including Ukraine. 

published on : 2nd March 2022