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Edible Oil Prices

Top headlines: Rs 20K-cr Adani FPO, sunflower oil shipments to India & more

Business Standard brings you the top headlines at this hour

Top headlines: Rs 20K-cr Adani FPO, sunflower oil shipments to India & more
Updated On : 26 Nov 2022 | 10:11 AM IST

Edible oil July imports rise 31% to 1.2 MT amid fall in global prices

The Solvent Extractors' Association of India (SEA) said the import of vegetable oils, comprising edible and non-edible oils, in July this year rose 24 per cent to 1,214,353 tonnes.

Edible oil July imports rise 31% to 1.2 MT amid fall in global prices
Updated On : 12 Aug 2022 | 7:33 PM IST

TMSEp236: Airfare cap, aircraft maintenance, edible oil stocks, flag code

How will removal of caps on airfare affect ticket prices? Why's aircraft maintenance sector in dire straits? Will edible oil stocks run out of steam? What is the Tricolour's flag code? Answers here

TMSEp236: Airfare cap, aircraft maintenance, edible oil stocks, flag code
Updated On : 12 Aug 2022 | 8:00 AM IST

Will edible oil stocks run out of steam?

The govt has directed edible oil suppliers to cut prices by as much as Rs 40 per litre to bring down inflation. Will players like Adani Wilmar and Patanjali Foods bear the brunt? Let us find out

Will edible oil stocks run out of steam?
Updated On : 12 Aug 2022 | 7:00 AM IST

Adani Wilmar's 'Fortune' cuts prices of edible oil by up to Rs 30 per litre

Edible oil firm Adani Wilmar, which sells its products under Fortune brand, on Monday announced reduction in cooking oil prices by up to Rs 30 per litre amid fall in global prices. The maximum reduction has been done in soyabean oil. The stocks with new prices will reach market soon. On February 7, Mother Dairy, which sells edible oils under the Dhara brand, had cut prices of soyabean and rice bran oils by up to Rs 14 per litre. The food ministry had called a meeting on July 6 to discuss edible oil prices and directed edible oil firms to pass on the benefits of fall in global cooking oil prices to consumers. "In continuation to the global price reduction and the government's effort to pass on the benefits of reduced edible oil prices to consumers, Adani Wilmar has further slashed edible oil prices from the last month's reduction effected by the company," a company statement said. Fortune soyabean oil price has been revised to Rs 165 per litre from Rs 195 per litre. The sunflower

Adani Wilmar's 'Fortune' cuts prices of edible oil by up to Rs 30 per litre
Updated On : 18 Jul 2022 | 11:48 PM IST

Amid falling global prices, edible oil players see demand uptick

Inflationary trends led by edible oil prices had hurt both household and industrial demand for soft and hard oils in Q1

Amid falling global prices, edible oil players see demand uptick
Updated On : 11 Jul 2022 | 2:27 PM IST

Lower edible oil price by Rs 15 with immediate effect: Govt to associations

It has also advised that the price to distributors by the manufacturers and refiners needs to be reduced immediately so that the price drop is not diluted in any way.

Lower edible oil price by Rs 15 with immediate effect: Govt to associations
Updated On : 09 Jul 2022 | 1:34 AM IST

Edible oil prices will soften by Rs 15/litre in a few weeks: Industry

Decision arrived at today during a meeting between industry players & officials

Edible oil prices will soften by Rs 15/litre in a few weeks: Industry
Updated On : 07 Jul 2022 | 12:42 AM IST

Govt asks cos to cut MRP of edible oils by up to Rs 10/litre within a week

Companies have been asked to maintain uniform MRP across the country for same brand of edible oils, says Food Secretary

Govt asks cos to cut MRP of edible oils by up to Rs 10/litre within a week
Updated On : 06 Jul 2022 | 7:40 PM IST

Edible oil prices ease; major brands cut MRP by Rs 10-15/litre: Govt

As per govt data, average retail prices of packaged edible oils have ease slightly, except for groundnut oil, across country since beginning of this month and are ruling between Rs 150 and 190 per kg.

Edible oil prices ease; major brands cut MRP by Rs 10-15/litre: Govt
Updated On : 22 Jun 2022 | 7:19 PM IST

Adani Wilmar slashes edible oil prices by Rs 10 on govt's import duty move

Adani Wilmar has reduced the maximum retail price (MRP) of Fortune refined Sunflower oil's 1-litre pack to Rs 210 from Rs 220, the company said in a statement.

Adani Wilmar slashes edible oil prices by Rs 10 on govt's import duty move
Updated On : 18 Jun 2022 | 6:00 PM IST

Prices of food items continuing to increase in May, says RBI report

"Pulses prices remained steady, although tur prices have moderated while masoor prices edged up. Edible oils prices registered a broad-based increase," the report said.

Prices of food items continuing to increase in May, says RBI report
Updated On : 18 May 2022 | 2:33 AM IST

India braces for sharp rise in edible oil rates, but spike could be short

Indonesia has banned palm oil exports, but it has to liquidate stockpile and demand could be met from other sources.

India braces for sharp rise in edible oil rates, but spike could be short
Updated On : 29 Apr 2022 | 1:06 AM IST

Palm oil prices surge on Indonesia ban in risk to global food inflation

Indonesia said on Friday that the shipment halt will start from April 28 and last until the government deems a domestic shortage resolved

Palm oil prices surge on Indonesia ban in risk to global food inflation
Updated On : 25 Apr 2022 | 12:46 PM IST

About 24% Indian homes reduce edible oil consumption due to high prices

At the same time, 67% of respondents pruned spending in other areas to pay for higher edible oil prices

About 24% Indian homes reduce edible oil consumption due to high prices
Updated On : 11 Apr 2022 | 10:10 PM IST

SEA asks edible oil makers to refrain from raising prices

Mumbai-based SEA also requested members to ensure the supply chain is maintained smoothly and consumers are not put to any difficulty

SEA asks edible oil makers to refrain from raising prices
Updated On : 05 Apr 2022 | 5:37 PM IST

Indians stock up cooking oil, fuel, fearing shortages amid Ukraine war

India imports more than 90% of its sunflower oil from Russia and Ukraine, though sunflower oil accounts for about 14% of its total edible oil imports.

Indians stock up cooking oil, fuel, fearing shortages amid Ukraine war
Updated On : 08 Mar 2022 | 4:42 PM IST

States told to Implement stock limit order on oilseeds, oil to check prices

Exporters and importers have been kept outside the purview of this order with some caveats

States told to Implement stock limit order on oilseeds, oil to check prices
Updated On : 09 Feb 2022 | 4:24 PM IST

Soaring edible oil prices deal blow to India's inflation fight

Prices of palm oil, the most-consumed edible oil in the world, have jumped 15% this year to a record

Soaring edible oil prices deal blow to India's inflation fight
Updated On : 09 Feb 2022 | 1:10 PM IST

Retail edible oil prices show declining trend from Oct 2021: Govt

The Centre on Tuesday said retail prices of edible oils across the country are ruling higher than a year-ago period in line with the global market

Retail edible oil prices show declining trend from Oct 2021: Govt
Updated On : 11 Jan 2022 | 9:00 PM IST