Page 5 - Edible Oil

Sunflower oil imports could jump to record as prices dip below soyoil

India is the world's biggest importer of edible oils and higher purchases of sunflower oil could help exporters such as Argentina, Russia and Ukraine to dispose of surplus output.

Prices of pulses decline on stock limits; edible oil still rising

Industry players and experts say there has been a vast difference in the way the prices of the two commodities have been controlled

Why traders are upset over govt response to rising pulse,edible oil prices

The slash in import duties on crude palm oil has been negated by price rise in global markets, stock holding limits on pulses are self-defeating, say industry players

Centre says curbs imposed on pulses as prices still higher than last year

Traders cry foul over stock limit, free refined imports

Govt puts on hold proposal to cut import duty on edible oils: Report

Household consumption is expected to decline the longer prices remain elevated.

Govt says edible oil prices softening; nearly 20% decline in some cases

The price of soya oil was Rs 162 per kg on May 20 and now, it has come down to Rs 138 per kg in Mumbai.

Explained: Why is India losing sleep over record high vegetable oil prices?

The government is considering reducing taxes on vegetable oil imports after cooking oil prices hit record highs last month

How pulses and edible oil could exacerbate the pain on the inflation front

A mix of short- and long-term policies to contain price rise in these two commodities while keeping an eye on the interest of the cultivator could be the balm India is looking for

Govt considering edible oil import tax cut to lower prices, says report

The government will make a final decision to cut the taxes sometime this month

Edible oil industry cautions against import duty cut to cool down prices

Says move ahead of planting season could have negative impact on growers

Domestic edible oil prices not risen as much as global rates: Piyush Goyal

Domestic edible oil prices have not increased as much as international rates which have been ruling very high over the year, Food Minister Piyush Goyal said on Tuesday in Parliament.

Kraft Heinz, Conagra may raise product prices as grains, edible oil surge

Other major food companies, including Lipton tea and Hellmann's mayonnaise maker Unilever, have also signaled higher prices due to global commodity inflation

Budget: Edible oil industry welcomes agriculture development cess

The edible oil industry on Monday welcomed the announcement of agricultural development cess and the increase in import duty of crude palm oil in the Union Budget 2021-22

Adani Wilmar eyes Rs 50,000 cr turnover in 5 yrs, pins hope on packed food

Completes 20 years of Fortune brand of edible oil and foods with a turnover of over Rs 30,000 crore; sees packaged staples biz at 3x that of cooking oil in 5 years

India's 2020-21 edible oil imports pegged at 12.5-13.5 mn tonne: SEA

Poor demand due to lower out of home consumption in the wake of the Covid-19 pandemic will have a bearing on imports this year.

Indian edible oil refiners trim palm oil imports to make space for soyoil

Refiners have been slashing palm oil imports for winter

FSSAI mulling mandatory fortification of edible oil with vitamins A and D

Vitamins A and D strengthen the immune system, which is critical in times of Covid-19 pandemic, it added

FSSAI collects cooking oil samples for quality tests to curb adulteration

Food safety regulator FSSAI on Friday said it has collected 4,500 samples of edible oils from across the country for quality testing, a move aimed at curbing sale of adulterated cooking oils in the market. The result of this nationwide quality survey is expected within a month, the Food Safety and Standards Authority of India (FSSAI) said in a statement. The regulator said it has decided to intensify crackdown on the sale of adulterated edible oil with a pan-India surveillance of edible oil, both for the branded and unbranded oil samples. A quality survey was conducted during August 25-27 across all the states and Union Territories. "This nationwide survey, (was) carried out for the first time with over 4,500 samples covering a total of 16 varieties of edible oils, including mustard, coconut, palm, olive, and blended oil," the statement said. Various hilly as well as difficult terrains, including Ladakh, Arunachal Pradesh, Daman & Diu as well as Andaman (UT) have been included as

Industry association urges govt to allow import of only crude palm oil

Edible oil industry body SEA on Thursday said it has urged the government to allow import of only crude palm oil and place all refined oils under the restricted category of trade

Edible oil import expected to fall 13% on sharp drop in consumption

Healthy oilseed output could improve domestic production of edible oil, reducing reliance on imports even further