Edible Oil

Edible oil relief: Shares of Adani Wilmar and Ruchi Soya Industries shed 5%

Individually, AWL was locked in the 5 per cent lower circuit band at Rs 664.95, while Ruchi Soya Industries, too, was down 5 per cent to Rs 1,045.45 on the BSE

Govt announces import relief for edible oil; cut in sugar exports next

Move follows ban on wheat export to rein in inflation

India looking at tapping new markets for edible oil: FM Nirmala Sitharaman

According to her, the country was facing various hurdles on import of edible oils due to the conflict

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

Wheat in surplus for entire year in India, farmers given good prices: Govt

Sudhanshu Pandey, Secretary, DFPD said that due to higher market prices, a large quantity of wheat was being bought by traders at a higher rate than MSP, which was good for the farmers

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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

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.

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.

The stock of this edible oil company has zoomed 86% in last four days

Shares of Poona Dal & Oil Industries hit a record high of Rs 103.15 and were locked at the 10% upper circuit on the BSE.

Indonesia stuns markets by widening ban to include CPO, refined palm oil

It's back to square one for India, one of the biggest consumers of Indonesian palm oil, days after Indonesia had said the ban would exclude crude palm oil

Strong demand may bring down closing stock of major farm goods by FY23-end

Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time

India urges Argentina to do away with export duty on sunflower oil

In return, New Delhi is offering import duty concession on edible oil

Indian edible oil mkt relieved, Indonesia not to ban crude palm oil export

This could also be beneficial to the Indian local refining industry as any move to curb import of refined oils boosts domestic oilseeds crushing and refining

Indonesia ban on palm oil exports starting April 28 rattles Indian markets

The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity

'Mayhem' ensues as Indonesia bans edible oil exports amid shortage

The shipment halt will start from April 28 and last until the government deems the shortage resolved, said President Joko Widodo in a Friday briefing.

Hike import duty gap between crude and refined palm oil: Industry

India's 60 per cent of the edible oil requirement is met through imports

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

Govt extends stock limits on edible oils, oilseeds till December

Ministry of Consumer Affairs had imposed stock limits till March 2022, and left the decision to states to decide whether the stock limits should be based on the availability and consumption pattern