Vegetable Oil News

Industry

Indonesia palm exports to India seen at record on strong demand

Shipments of palm and kernel oils to India climbed 32% to record 7.6 million metric tons in 2017 from a year earlier, says the Indonesian Palm Oil Association

1 min read5 Feb 2018
Industry

India raises vegetable oil import taxes to protect farmers

India has raised import taxes on crude and refined edible oils to protect local oilseed farmers from cheaper imports from top suppliers Malaysia and Indonesia

1 min read12 Aug 2017
Industry

India could raise import taxes on crude, refined vegetable oils: report

An official says India is likely to raise import duty on refined and crude vegetable oils, like palm and soyoil, as local oilseed prices slumped below the MSP

1 min read29 Jun 2017
Industry

India’s vegeteble oil imports seen flat or lower for the first time in six years

India, the world's biggest edible oil importer, is expected to purchase about 14 to 14.5 million tonnes of vegetable oil this year, compared with 14.5 million tonnes in 2015/16

1 min read6 Mar 2017
News

Vegetable fat not the route to a healthy heart

The study says those with a greater reduction in cholesterol 'had a higher rather than a lower risk of death'

2 min read13 Apr 2016
Industry

ICAR develops new rapeseed variety to help cut vegetable oil imports

India imported a record 14.61 million tonnes of vegetable oils in the year to October 2015

1 min read12 Jan 2016
Market

Food inflation: looking good, mostly

FAO's food price index came in at 156.7 in November, down from October's 159.3 reading but higher than September's 155.3

1 min read18 Dec 2015
Politics

India’s cooking oil imports to rise at slowest pace in 3 years

Overseas purchases, including for industrial use, may rise 6.6% to a record 15 million tonnes in the year starting 1 November from a year earlier

3 min read29 Sep 2015
Politics

Govt raises import taxes on vegetable oils

The tax on crude vegetable oils has been hiked to 12.5% from 7.5%, and on refined oils to 20% from 15%, according to sources

1 min read18 Sep 2015
Industry

Drought to push India’s vegetable oil import bill to $14 billion

Vegetable oils imports would reach around $14 billion for 2015/16 which was actually around $10 billion last year

1 min read17 Sep 2015
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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