Page 5 - Edible Oil

Import of edible oil drops 50% in two months on 5% safeguard duty

The safeguard duty was imposed on August 26 on RBD palmolein, primarily imported from Malaysia

Edible oil gets costlier due to kharif crop damage, global price rise

Floods in key producing regions resulted in major damage to standing kharif soybean crop

Edible oil importers advised to refrain from palm oil import from Malaysia

Sources said India is looking for options to reduce import from Malaysia in a retaliatory action against PM Mahathir Bin Mohamad's recent call in the UN on India's abrogation of Article 370 in J&K

Veg oil imports set to rise 3% in 2019-19 season after dropping last year

Next year, domestic production is likely to increase on hope of good rabi oilseeds crop, limiting the need for imports

Edible oil industry shaken on news of oil-for-sugar deal with Indonesia

Units are miffed at the move as there is a lot of idle capacity in the country; sugar industry, on the other hand, has welcomed the development

Domestic edible oil players fret as monthly imports hit six-year high

Duty cut under CEPA takes toll on domestic oil refineries, whose capacity utilisation falls below 35%; Oilseed prices remain subdued due to weak demand from mills

Farmers, refiners take a massive blow on spurt in edible oil imports

Mustard seed, rape seed and groundnut trade at 20% discount to MSP

Commodity outlook: Edible oil down but not out

Technically, palm looks vulnerable in the short-term and could revisit recent lows, but subsequent to that a strong rebound from there towards 2,175-2,200 MYR/ton levels is anticipated

Edible oil imports jump 11% in December, may rise further on duty cut

Palm oil share in overall inbound vegetable oil surges 71 per cent to 811,700 tonnes; Domestic refineries to take a hit

Malaysia-India deal on import duty may hit Indian edible oil industry hard

Lower duty on Malaysian edible oil from Jan set to escalate imports; domestic oilseed prices may decline, adding to farmers' woes

Sensitive items import up 34.5% in April-June

Sensitive items import up 34.5% in April-June

Crude edible oil imports rise as global price fall boosts refinery margins

Prices have fallen by 11-25% abroad over the past year, due to excess supply and also reduced demand from India, one of the largest players

Edible oil prices to remain firm on rising import cost, low inventory

The ongoing trade war between China and United States has lowered export of edible oil from producing countries, resulting into a threat of inflation inimport-reliantt countries

DRI's NOC a must for duty-free import of edible oil from Bangladesh

Bangladesh was found to be violating the rules of origin under the South Asian Free Trade Area (SAFTA) rules and regulations

Edible oil import likely to fall first time in 7 years on duty hike

Despite 11 per cent jump in oil imports in August, the overall trend has reversed

Need to evaluate free edible oil import

The surge in imports has several implications that require a new look at the tariff policy for edible oil

Bulk exports of edible oil unviable; groundnut oil may find some takers

If there is, however, a scarcity of edible oil in the country, the government might rethink its policy

India's edible oil market crossed Rs 1.3 trillion mark in 2017: Research

Edible oil formed over 30 per cent of the Rs 4.34 trillion packaged foods market in India, compared to the 8.8 per cent share held by rice, pasta and noodles

Govt raises import duty on palm oil, soyoil to support farmers

World's biggest importer of edible oils also raised the import tax on crude soyoil to 30%

Slipping on edible oil

India must address its over-dependence on imports