Search For "palm oil"
India's edible oil imports rose 22 pc in December 2022
Updated : 3 years, 2 months ago IST
Overall, the import of vegetable oils, including edible oils, during December 2022 is reported at 1.56 million tonne compared to 1.22 million tonnes in the same month of 2021, which is an increase of about 28 per cent.
Read More
Sebi extends suspension of trading in derivative contracts in 7 commoditie
Updated : 3 years, 3 months ago IST
"The suspension of trading in the above contracts has been extended for one more year beyond December 20, 2022 i.e. till December 20, 2023," Sebi said in a release on Tuesday evening.
Read More
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.
Read More
Edible oil industry seeks higher duty difference between crude, refined pa
Updated : 3 years, 4 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.
Read More
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
Read More
India to lead the way towards a sustainable palm oil industry: RSPO
Updated : 3 years, 6 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
Read More
Five Asian countries, including India, join hands to form palm oil allianc
Updated : 3 years, 6 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).
Read More
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.
Read More
Patanjali lays foundation for palm oil mill in Arunachal, aims 38,000 ha p
Updated : 3 years, 6 months ago IST
New Delhi [India], August 31 (ANI): Aiming to undertake oil palm plantation across 38,000 hectares in Arunachal Pradesh, Patanjali Foods will on Wednesday lay the foundation stone for setting up of a mill in the state's East Siang district.
Read More
Edible oil body SEA meets Indonesian trade minister, seeks stable export p
Updated : 3 years, 7 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.
Read More
Indian Vegetable Oil Producers' Association inks MOU with Malaysian Palm O
Updated : 3 years, 7 months ago IST
Kuala Lumpur (Malaysia), August 1 (ANI/PNN): Pursuant to the meeting of Minister of Plantation Industries and Commodities, Datuk Zuraida Binti Kamaruddin with the IVPA delegation, at New Delhi, Wan Aishah Wan Hamid, CEO, MPOC, on behalf of Malaysian Palm Oil Council (MPOC) and Sudhakar Desai
Read More
Huge edible oil imports compromise India's interest, imperative to become
Updated : 3 years, 8 months ago IST
New Delhi [India] July 11 (ANI): Huge reliance on edible oil imports could compromise India's national interest in the long run, said rating and research firm CareEdge in a report, adding that it has become imperative for the country to become not only self-reliant but also self-sufficient t
Read More