Palm oil prices surge 40% in a year
Palm oil consumption is 40 per cent of the 23 million tonne consumption in the country.
Vegetable oils imports drop 0.5% in November: SEA
The stock of edible oils as on 1st December 2019 at various ports is estimated at 881,000 t...
Indonesia plans to divert palm oil exports to India if EU cuts imports
The world’s largest producer of palm oil, is focusing big on exports t...
Palm oil’s scorching rally about to burn its top customer
Indian imports may slump about 15 per cent in the three months from December 1.
Palm oil reverses its losses on tight supply
Higher prices towards the end of the session were due to a tight supply outlook and on more details about Indonesia’s biodiesel plans, a trader said.
Govt raised Rs 765.37 cr from anti-dumping duty till Nov 27: Piyush Goyal
“The basic intent of anti-dumping measures is to eliminate injury caused to the domestic industry by the unfair trade practice of dumping and to create a level playing field for the domestic industry,” commerce and industry minister Piyush Goyal told Lok Sabha. In a separate reply, he said the government will use all available instruments in the national interest, as and when necessary.
Palm oil prices likely to rise in next 3 months
Indonesia and Malaysia may increase bio-diesel content in automotive fuels.
Palm oil imports seen slumping from 1-year high
Futures in Malaysia fell during the morning session on Thursday.
India resumes buying Malaysian palm oil as Kuala Lumpur offers discount: Traders
Indonesia is the world’s biggest producer of palm oil, followed by Malaysia.
India considers adding more levies on refined palm oil imports
Govt is discussing a proposal to impose a new levy in addition to the existing import duty and raise the goods and services tax on the processed tropical oil.
Government to up IGST on imported crude palm oil
At present, there is 5 per cent IGST on imported crude palm oil.
Malaysian and Indian Palm Oil Industry Join Hands to Promote Sustainable Palm Oil Production and Trade
"The objective of this MoU is to jointly promote Malaysian Sustainable Palm Oil (MSPO) and Indian Palm Oil Sustainability Framework (IPOS) through harmonization between the two national standards."
Indian edible oil industry has issued advisory to avoid import of palm oil from Malaysia
There were media reports that Government of India may take some action to curtail the import of palm oil from Malaysia following the hostile attitude by Malaysia at the United Nation on Kashmir issue.
Asia’s latest trade spat divides palm oil giants over Kashmir
Mahathir’s comments on Kashmir have sparked anger among India’s citizens too.
Top performing asset classes of Samvat 2075: The award goes to…
Mutual funds offered some solace in an otherwise weak environment.
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