India is the world's second-largest consumer and number one vegetable oil importer, and it meets around 60 per cent of its need through imports. With the formal approval of GM mustard for mass-scale cultivation in India, it is expected to reduce dependence on imported edible oils.
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
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
Rome [Italy], July 8 (ANI): Global food commodity prices fell in June for the first time in 12 months, according to a benchmark United Nations report released on Thursday.
Rome [Italy], June 3 (ANI): Global food prices rose in May at their fastest monthly rate in more than a decade even as world cereal production is on course to reach a new record high, the Food and Agriculture Organisation (FAO) of the United Nations reported on Thursday.
Rome [Italy], March 5 (ANI): Global food commodity prices rose for the ninth consecutive month in February with quotations for sugar and vegetable oils increasing the most, according to Food and Agriculture Organisation (FAO) of the United Nations.
Rome [Italy], Jan 8 (ANI): World food prices rose for the seventh consecutive month in December, led by dairy products and vegetable oils, according to Food and Agriculture Organisation of the United Nations.
Rome [Italy], Sep 3 (ANI): Global food prices rose for the third consecutive month in August influenced by generally firmer demand and a weaker US dollar, according to a report released on Thursday by the Food and Agriculture Organisation (FAO) of the United Nations.
Mumbai (Maharashtra) [India], August 13 (ANI): Diversified conglomerate Godrej Industries on Thursday reported a consolidated net profit of Rs 106 crore for the first quarter ended June, down 40 per cent from Rs 178 crore in the same period a year ago.
Rome [Italy], June 4 (ANI): Global food commodity prices fell for the fourth consecutive month in May as coronavirus (COVID-19) epidemic caused the economic crunch, leading the market to reflect strong supply and weak demand situation, the United Nations food agency said on Thursday.