Page 2 - Palm Oil Imports

As Indonesia curbs exports, Indian palm oil imports could fall to 11-yr low

Lower palm oil purchases by the world's biggest vegetable oil importer could put pressure on Malaysian palm oil prices and may lift soyoil imports to record highs and support U.S. soyoil futures price

Indonesian crisis could spur focus on boosting local edible oil production

However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken

Import risks

Policy support can increase edible oil production

India has enough edible oil to tide over Indonesian crisis for now: Govt

Centre is monitoring prices regularly; has formed special teams to check hoarding

How much should India worry over Indonesian palm oil export ban?

Indonesia has stopped palm oil export, the effect of which will soon be felt in India. Along with increased fertiliser subsidy bill and soaring fuel prices, it may widen India's current account defici

TMS Ep161: Palm oil, TV Narendran, contact-sensitive sector, credit score

Should India worry over Indonesian palm oil export ban? Why is TV Narendran confident about economic growth? What can thwart contact-sensitive sectors' recovery? What is credit score? All answers here

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

Global edible oil markets simmer over shocking Indonesian ban on palm oil

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.

India's February palm oil, sunflower oil imports drop month-on-month

India's palm oil imports in February fell 18% from a month prior because of higher prices, while sunflower oil imports plunged 50% as supplies from the Black Sea region were disrupted

India's imports of palm oils decline by 29.15% in December 2021: SEA

India's imports of palm oils declined by 29.15 per cent to 5.44 lakh tonnes in December 2021, but the rise in shipments of RBD palmolein is threatening the survival of domestic refineries

Strategies to boost edible oil output won't succeed sans firm purchase plan

Despite MSP spike and higher acreage and yields, India's dependence on imported cooking media has only grown

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.

Govt cuts import duty on refined palm oil to 12.5%

The revised Basic Customs Duty (BCD) will be effective till the end of March 2022

Traders can import refined palm oil without licence till end of 2022: Govt

It, however, added that the import is not permitted through any port in Kerala

Duty cut lifts India's palm oil imports in Sept to a record 1.4 mn tonnes

Higher purchases by India, the world's biggest buyer of vegetable oils, could support palm oil prices that are trading near a record high hit earlier this week.

India's palm oil imports to drop 9% as farmers expand oilseeds area

PANAJI, India (Reuters) - India's palm oil imports in 2021/22 are likely to drop 9% from a year earlier on a rise in domestic supplies, as farmers expand the area planted with oilseeds in response to record high prices, a leading industry analyst told Reuters.

Cabinet approves new palm oil mission with MSP-type benchmark assured price

The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort.

Patchy Indian monsoon set to cheer palm traders 3,000 miles away

The world's second-most populous nation, where eating fried food is a national tradition, depends on overseas suppliers for as much as 70% of its edible oil needs

Why did previous attempts to boost domestic oil palm production fail?

Massive forest loss and impact on wildlife, long gestation, small farm holdings among hurdles to cultivation

Union Cabinet okays Rs 11,040-cr National Mission on Edible oils-Oil Palm

The Cabinet approved the National Mission on Edible Oils Oil Palm (NMEO-OP) with a financial outlay of Rs 11,040 crore to promote the domestic cultivation of oil palm in the next five years