Page 6 of Edible oil

Govt begins inspection drive to curb hoarding of edible oils, oilseeds: Food Secretary

Pandey said that a central team along with state government officials is conducting inspections in various oilseeds and edible oil-producing…

Updated: April 4, 2022 21:13 IST

“The decision was taken after deliberations at the highest level on the upward price trends of all edible oils owing to the current geopolitical situations across the globe,” according to a statement by the Ministry of Consumer Affairs, Food and Public Distribution (MCAFP).

Edible oil stock holding limits extended till December 31, 2022

In October 2021, the government had imposed stock holding limits on edible oils and oilseeds till March 31, 2022. However,…

April 1, 2022 02:45 IST

Last year, the all-lndia average domestic retail prices of groundnut oil stood at Rs 176.28 per kg as against Rs 147 per kg in 2020.

No proposal at present to supply edible oils at subsidised rates to consumers: Govt

In 2020-21, the domestic production of edible oils stood at 111.51 lakh tonnes, while imports were recorded at 134.52 lakh…

March 23, 2022 19:03 IST

FMCG in search of right price-value equation: Buyers look for cheaper options as prices rise

The impact on demand can be more pronounced in future due to the unabated rise in prices of commodities.

March 23, 2022 04:10 IST

Sources told FE that the agriculture ministry will soon prepare a Cabinet note detailing incentives for oilseeds farmers as well as steps to link them with private processing units.

Improving crop yields: New policy to boost edible oil output, cut imports

Officials said that in the current rabi season (2021-22), the mustard sowing has increased by 24% to 9.1 million hectares…

March 21, 2022 00:44 IST

Edible oil, sunflower oil prices, Ukraine crisis

Edible oil prices may rise more, hit new highs after jumping 25-40% as Ukraine war chokes supplies

16 March, 2022: “The prices (of edible oils) have gone up from Rs 125 to around Rs 170-180 within only…

Updated: March 17, 2022 10:53 IST

Sunflower oil prices soar, set to rise more as Russia-Ukraine war hits supplies; shortage likely coming month

On one hand, domestic sunflower oil makers are running out of sunflower oil stock, on the other hand, shipments of…

March 10, 2022 17:29 IST

In a bid to keep a close watch on price trends of essential commodities, the government has been taking measures to monitor price movement closely, which help in taking prompt measures to curb price rises.

Govt monitoring prices of edible oil, consumption patterns

The DoCA collects daily price data of 22 essential food commodities including six edible oils — palm, groundnut, mustard, vanaspati,…

March 7, 2022 06:30 IST

The shortage of edible oil supply from imports due to war between Russia and Ukraine would be approximately be around 2 lakh tonne of sunflower oil per month, the association said.

SOPA suggests building buffer stock of edible oils

Says this can be in the tune of 10% of country’s demand

March 6, 2022 03:45 IST

Prices have gone up since supplies are hampered. On the first day of the invasion, prices had gone up by $100 per tonne but yesterday when it became clear that NATO will not send troops, prices came down by $ 75 per tonne.

Traders start contracting deals for import of 50,000 tonne of soy, palm oil each

However, in the run- up to the Russian invasion, prices had already gone up by $100 per tonne. Today soy…

February 27, 2022 03:40 IST

Hike in import duty gap between crude, refined palm oil to help local industry, cool prices: Govt

The finance ministry on Saturday cut the agri infra development cess to 5 per cent from 7.5 per cent, in…

February 14, 2022 22:37 IST

Edible oil imports seen surging 65%: High global prices inflate import bill, over a third goes to govt as taxes

The total imports of all edible oils such as the palm group oils, soyabean oil and sunflower oils are estimated…

June 28, 2021 05:30 IST

A perennial deficit: Unlike petroleum, India’s edible oil imports are showing no cooling signs

Last Friday, the Centre hiked the basic customs duty on all refined edible oils from 15 to 20 per cent,…

September 25, 2015 17:52 IST

Govt extends control order to regulate pulses, edible oil trade

Government today extended by one year the control order under the Essential Commodities Act to allow the states to take…

September 22, 2015 15:22 IST

Govt hikes import duty on edible oil by 5%

Customs or import duty on edible oil in all categories has been increased by 5 per cent, Central Board of…

September 18, 2015 13:41 IST

Select edible oils recover on millers buying

In the non-edible section, linseed oil edged higher by Rs 100 to Rs 8,400 per quintal on increased demand from…

Updated: May 30, 2015 14:53 IST

Edible oils firm up on sustained miller buying

Besides, costlier imports following weaker Indian rupee against the US dollar and restricted arrivals from the producing belts.

May 16, 2015 13:20 IST

Indians get taste for branded edible oil as prices drop, incomes rise

After years of buying cooking oil sold in plastic bags at a village store, Indian farmer Kisan Pawar has made…

November 20, 2014 14:05 IST

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