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Indian Palm Oil Imports

Govt coping with Indonesia's restrictions on palm oil exports: Officials

Last week, Indonesia said it will suspend some palm oil export permits to secure domestic supply as cooking oil prices rise ahead of upcoming Islamic festival Ramadan

Govt coping with Indonesia's restrictions on palm oil exports: Officials
Updated On : 13 Feb 2023 | 3:06 PM IST

India's palm oil imports in Dec jumps 94% YoY to record high for the month

India's palm oil imports in December jumped 94% from a year earlier to a record high for the month as palm oil's higher discount to rival vegetable oils led refiners to raise purchases

India's palm oil imports in Dec jumps 94% YoY to record high for the month
Updated On : 04 Jan 2023 | 8:13 AM IST

Centre examining proposal to raise tax on import of palm oil: Report

The government has also received petitions from the industry to raise the import tax to help prop up falling oilseed prices, says a source

Centre examining proposal to raise tax on import of palm oil: Report
Updated On : 18 Oct 2022 | 5:13 PM IST

India's palm oil imports rise 18% in Sept, veg oil up 17% MoM: Trade body

India's palm oil imports in September jumped about 18% from the previous month to 1.17 million tonnes, while vegetable oil imports rose about 17% to 1.64 million tonnes, a trade body said on Thursday.

India's palm oil imports rise 18% in Sept, veg oil up 17% MoM: Trade body
Updated On : 13 Oct 2022 | 2:34 PM IST

Indonesia producers trimming palm oil stocks with discounts, India sales

Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, industry officials said

Indonesia producers trimming palm oil stocks with discounts, India sales
Updated On : 20 Sep 2022 | 7:34 AM IST

India's palm oil imports rise marginally to 590,000 tonnes in June: SEA

Total import of vegetable oils (both edible and non-edible oils) remained lower at 9.91 lakh tonnes in June this year from 9.96 lakh tonnes in the year-ago period.

India's palm oil imports rise marginally to 590,000 tonnes in June: SEA
Updated On : 13 Jul 2022 | 3:42 PM IST

India's July palm oil imports may surge to 10-month high as prices plunge

Indonesia's allowance of more exports globally and a reduction of palm oil prices in India have paved the way for a high palm oil import in 10 months

India's July palm oil imports may surge to 10-month high as prices plunge
Updated On : 06 Jul 2022 | 3:51 PM IST

India's palm oil imports in May drop 10% as Indonesia curbs exports

India imported 514,022 tonnes of palm oil in May, down from 572,508 tonnes in April

India's palm oil imports in May drop 10% as Indonesia curbs exports
Updated On : 14 Jun 2022 | 12:41 PM IST

India's May palm oil imports surge to 7-month high despite Indonesia's ban

India's palm oil exports in May were its highest in seven months as the country overcame curbs on Indonesian exports by sourcing more of the commodity from Malaysia, Thailand and Papua New Guinea

India's May palm oil imports surge to 7-month high despite Indonesia's ban
Updated On : 07 Jun 2022 | 2:01 AM IST

Indonesian export ban brings India's edible oil dependency back in focus

Indonesia's ban on palm oil exports has refocused attention on the efficacy of the government's policy to boost domestic production

Indonesian export ban brings India's edible oil dependency back in focus
Updated On : 18 May 2022 | 6:04 AM IST

Sufficient stock of edible oils; monitoring prices, supply: Food Ministry

The government on Sunday said the country has sufficient stock of edible oils and it is keeping a close watch on the price as well as supply situation.

Sufficient stock of edible oils; monitoring prices, supply: Food Ministry
Updated On : 01 May 2022 | 8:40 PM IST

India's May palm oil imports on track despite Indonesia's curbs: Traders

India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports

India's May palm oil imports on track despite Indonesia's curbs: Traders
Updated On : 26 Apr 2022 | 4:41 PM IST

India's palm oil import up 21% March as Ukraine sunflower oil supply stops

In March, 550,000 tonnes of palm oil landed in India, up from 454,794 tonnes in February, said a Mumbai-based dealer with a global trading firm

India's palm oil import up 21% March as Ukraine sunflower oil supply stops
Updated On : 04 Apr 2022 | 2:39 PM IST

India allows refined palm oil imports until Dec 2022 to cut prices

India on Monday allowed imports of refined palm oil until December 2022, the government said in a notification, as the world's biggest vegetable oil buyer tries to bring down edible oil prices.

India allows refined palm oil imports until Dec 2022 to cut prices
Updated On : 21 Dec 2021 | 7:39 AM IST

Top buyer India to favour Malaysian palm oil as Indonesian prices rise

India is likely to buy more Malaysian palm oil after export levies imposed by top producer Indonesia hit record highs in the past year

Top buyer India to favour Malaysian palm oil as Indonesian prices rise
Updated On : 02 Dec 2021 | 10:46 AM IST

Palm oil has a severe image problem in India, and it is ruining sales

India, home to more than $5 billion in palm sales a year and the top export market, is no longer enthralled with the oil.

Palm oil has a severe image problem in India, and it is ruining sales
Updated On : 11 Jul 2020 | 12:10 AM IST

India's edible oil import falls 40% in May, lowest since 2011: SEA

India, world's leading vegetable oil buyer, had imported 11.80 lakh tonnes of edible oil in May 2019.

India's edible oil import falls 40% in May, lowest since 2011: SEA
Updated On : 05 Jun 2020 | 2:13 AM IST

Commodity Picks: 13 April, 2020

For the week ahead, the palm oil prices are expected to head towards Rs 680 per 10 kg

Commodity Picks: 13 April, 2020
Updated On : 12 Apr 2020 | 11:59 PM IST

Will buy more Malaysian palm oil to compensate for India's import ban: Pak

"You have spoken for the justice for Kashmiris, for which we are thankful," Imran Khan said during a joint press conference with his Malaysian counterpart Mahathir

Will buy more Malaysian palm oil to compensate for India's import ban: Pak
Updated On : 04 Feb 2020 | 6:21 PM IST

Palm oil imports from Malaysia likely to hit 9-year low in January

Lower imports by India, the world's biggest palm oil importer, could weigh on Malaysian prices that have corrected nearly a tenth after hitting a three-year peak earlier this month

Palm oil imports from Malaysia likely to hit 9-year low in January
Updated On : 28 Jan 2020 | 1:06 AM IST