IMPORT OF SUNFLOWER OIL
India's vegetable oil imports up 18% in June to 15.5 lakh tonnes In June, India's vegetable oil imports rose 18% to 15.5 lakh tonnes, led by crude palm and sunflower oils. Edible oil imports hit 15.27 lakh tonnes, non-edible 23,178 tonnes. Year-to-date, total imports fell 2%, refined oils 2%, crude oils 3%. Palm ...
11 Jul, 2024, 06.47 PM ISTIndia June palm oil imports rise about 3% MoM India's palm oil imports rose 3% in June to 786,134 metric tons, while soyoil imports fell nearly 15% to 275,700 tons and sunflower oil imports increased 13.4% to 465,647 tons. Total vegetable oil imports grew 1.4% to 1.6 million tons, according to ...
11 Jul, 2024, 03.17 PM ISTIndia's June palm oil imports rise to 6-month high on lower prices India's palm oil imports rose in June due to strong demand before festivals. Refiners played a key role, potentially impacting Malaysian palm oil futures. Sunvin Group highlighted palm oil's competitive pricing. The country's edible oil imports incr...
02 Jul, 2024, 05.06 PM IST- ADVERTISEMENT
No new duty concessions for milk, milk products imports: DGFT India has strictly limited milk and milk product imports under tariff rate quotas (TRQs) in accordance with WTO commitments. Santosh Sarangi, director general of foreign trade, confirmed that no TRQ imports are planned for the current year. TRQ impo...
01 Jul, 2024, 07.50 PM ISTIndia allows imports of corn, vegetable oils at concessional duty India has decided to permit restricted imports of corn, milk powder, crude sunflower oil, and refined rapeseed oil with concessional duty. As the largest global importer of vegetable oils, India will allow imports totaling 150,000 metric tons each o...
26 Jun, 2024, 09.41 PM ISTIndia buys record amount of sunflower oil as Ukraine-Russia fight for market share cuts price Indian buyers purchased a record 500,000 metric tons of sunflower oil in June due to competitive pricing against soyoil and palm oil from leading suppliers Russia and Ukraine. The war has lead to reduced inventories in the Black Sea region. The lowe...
24 Jun, 2024, 05.45 PM ISTIndia's May Palm oil imports jump 74 pc on rising demand India's palm oil imports surged 74% to 7,63,300 tonnes in May from 4,39,173 tonnes as the world's largest vegetable oil buyer stocked up to meet rising domestic demand, according to Solvent Extractors Association.
13 Jun, 2024, 02.56 PM ISTIndia's May palm oil imports hit 4-month high on competitive prices India's palm oil imports surged by 11.6% in May compared to the previous month, reaching the highest level in four months, driven by its competitive pricing relative to rival oils, according to a statement by the Solvent Extractors' Association of I...
13 Jun, 2024, 01.10 PM ISTEdible oil prices rise 15% in a month Companies like Adani Wilmar, Emami Agrotech, and Sunvin Group said while disruption in soyabean oil supplies from Argentina and Brazil is driving prices higher, mustard oil prices have risen as National Agricultural Cooperative Marketing Federation ...
11 Jun, 2024, 12.33 AM ISTIndia's April palm oil imports jump 34 pc on lower global prices India's palm oil imports rose 34.11% to 6,84,000 tonnes in April, led by lower global prices. Vegetable oil imports, including RBD palmolein and CPO, surged. Soybean and sunflower oil prices also fell, driving higher imports.
15 May, 2024, 12.53 AM ISTPepsiCo trials for well-oiled India chip machine on PepsiCo India is experimenting with replacing palm oil and palmolein with a blend of sunflower oil and palmolein in Lay's, the country's largest potato chip brand. This comes amid backlash over the use of cheaper, unhealthy ingredients in packaged f...
09 May, 2024, 12.01 PM ISTFor sunflower oil refiners, volume to dip by 8-10 pc but operating margin likely to recover in FY25 Indian refined sunflower oil volumes in FY25 are expected to decline by 8-10%. Consumers are shifting back to soybean oil, leading to a forecasted profitability growth. Sunflower oil demand is influenced by palm oil and soybean oil prices.
05 May, 2024, 04.46 PM ISTClimate disruptions, biofuel policy again turn the heat on edible oil Going by some recent developments around the world, edible oil trade agreements should have a provision for climate-related disruptions also.
04 May, 2024, 10.35 AM ISTIndia's March palm oil imports drop to 10-month low as sunoil jumps Imports of soyoil rose 26.4% to 218,604 tons, those of sunflower oil were up about 50% at 445,723 tons, while total vegetable oil imports gained over 23% to 1.2 million tons, the Solvent Extractors' Association of India (SEA) said.
11 Apr, 2024, 01.22 PM ISTIndia's sunoil imports hit second-highest level as palm oil retreats India's sunflower oil imports surged by 51% in March, hitting the second-highest level on record, driven by lower prices prompting refiners to increase purchases and reduce buying of palm oil. This shift could cap the rally in palm oil futures, whil...
02 Apr, 2024, 03.12 PM ISTBest refined oils for health-conscious cooking Explore the top picks for the best-refined oils, curated for health-conscious consumers. From heart-healthy blends to versatile options suitable for various cooking methods, discover oils tailored to elevate your culinary endeavours. Dive into a sel...
15 Mar, 2024, 08.24 AM ISTIndia's palm oil imports plunge to 9-month low in February; sunflower oil rises Lower purchases by India, the world's biggest importer of vegetable oils, could weigh on benchmark Malaysian palm oil futures, but will help to reduce sunflower oil inventories in the Black Sea region.
05 Mar, 2024, 01.03 PM ISTIndia's January palm oil imports drop 12.4% m/m: Trade body Imports of soyoil rose 23.7% to 188,859 tons, those of sunflower oil were down about 15.6% at 220,079 tons, while total vegetable oil imports fell 8.4% to 1.20 million tons, the Mumbai-based Solvent Extractors' Association of India (SEA) said in a s...
12 Feb, 2024, 02.13 PM ISTIndia's sunoil imports to falter as Red Sea attacks lift freight costs India's sunflower oil imports are set to decline as prices rally due to increased freight rates. Buyers are shifting to rival vegetable oils available at a discount. Recent Houthi attacks have compelled shipping companies to reroute trade, increasin...
23 Jan, 2024, 04.16 PM ISTIndia keeps edible oil import duty lower until March 2025, imposes 50% export tax on molasses India has extended lower import duty on edible oil by a year until March 2025, extending the lower duty structure on crude palm oil, crude sunflower oil, and crude soy oil. The decision was expected to keep prices in check ahead of elections. The go...
16 Jan, 2024, 10.29 AM IST