Search For "oil industry"
Iraq rebuffs fresh Chinese investment proposals amid Beijing's tightening
Updated : 3 years, 3 months ago IST
Iraq has begun rebuffing Chinese investment proposals to move away from Chinese dependence.
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RSPO Certification grows from three countries in 2008 to 21 in 2021, repre
Updated : 3 years, 3 months ago IST
Kuala Lumpur [Malaysia], December 1 (ANI/NewsVoir): Global stakeholders from the palm oil industry gathered for the RSPO Annual Roundtable on Sustainable Palm Oil (RT2022), the first physical meeting to take place since the onset of the COVID-19 pandemic.
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Edible oil industry seeks higher duty difference between crude, refined pa
Updated : 3 years, 3 months ago IST
India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports.
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India's oilmeal exports in current financial year rise around 40 per cent
Updated : 3 years, 4 months ago IST
New Delhi [India], October 18 (ANI): India's oilmeal exports during the first half of the current financial year - April to September - were 39 per cent higher year-on-year at around 1.77 million tonnes, data compiled by vegetable oil industry body The Solvent Extractors' Association of Indi
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Absence of futures in palm, soyoil hurting importers, industry body makes
Updated : 3 years, 5 months ago IST
New Delhi [India], October 14 (ANI): There is an urgent need to allow exchange trading in palm oil and soybean oil as an absence of futures trading, which facilitates hedging, has led to "heavy financial loss" for importers of these commodities during the past three-to-four months, according
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World Cotton day 2022: History, significance, theme
Updated : 3 years, 5 months ago IST
Washington [US], October 7 (ANI): One of the most widely used plant products globally is cotton, specifically cotton fibre and cottonseed. It is a versatile plant that is mostly consumed in the textile industry, but it is also useful in the medical field, the edible oil industry, animal fee
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Defying trend, prices of essential commodities, including edible oils, wit
Updated : 3 years, 5 months ago IST
New Delhi [India], October 3 (ANI): The price of important commodities, especially edible oils, reported a drop in September this year compared to prior years due to the series of proactive and preventative actions implemented by the government to increase domestic availability and stabilise
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India to lead the way towards a sustainable palm oil industry: RSPO
Updated : 3 years, 5 months ago IST
Agra (Uttar Pradesh) [India], September 23 (ANI/NewsVoir): The recent announcement by the Government of India on increasing the domestic production of palm oil towards ensuring atmanirbharta (self-reliance) is a great opportunity for the country to demonstrate the economic and social value o
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Five Asian countries, including India, join hands to form palm oil allianc
Updated : 3 years, 5 months ago IST
New Delhi [India], September 22 (ANI): The apex edible oil industry associations from five major palm oil importing countries in Asia have come together for the first time to form an alliance -- Asian Palm Oil Alliance (APOA).
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Resume futures trading in crude palm and soybean oil: Industry body to SEB
Updated : 3 years, 6 months ago IST
New Delhi [India], September 13 (ANI): Domestic edible oil industry body Solvent Extractors' Association of India requested financial market regulator SEBI to resume futures trading of internationally traded commodities such as crude soybean oil and crude palm oil.
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China exploiting Iraq's security vacuum, siding with militia to gain hold
Updated : 3 years, 6 months ago IST
Beijing [China], September 7 (ANI): China, a country ill-famed for trying to take advantage of smaller economies in need of money, is now exploiting the security vacuum in Iraq that was created after the United States' withdrawal from the West Asian country and is aligning with militia group
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Edible oil body SEA meets Indonesian trade minister, seeks stable export p
Updated : 3 years, 6 months ago IST
New Delhi [India], August 29 (ANI): Edible oil industry body The Solvent Extractors' Association of India (SEA) has requested Indonesia to maintain stable export duties and levies besides trade policies related to palm oil to ensure less speculation on what stance the government might take.
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