Saturday, December 21, 2024

Palm Oil

Despite falling consumption, Vanaspati retains high WPI weightage

In the past decade, the share of vanaspati in the assortment of cooking oils preferred by Indians has nearly halved to 2.88%. Nonetheless, it...

FMCG market growth set to rebound next fiscal year, says Godrej Consumer Products CEO

The FMCG market growth rate is expected to improve next fiscal year, according to Sudhir Sitapati, Managing Director and Chief Executive Officer of Godrej...

Godrej Agrovet and Malaysia’s Sime Darby eye collaborative venture for palm oil processing unit in Telangana

The Telangana government announced on Tuesday that Godrej Agrovet Company Ltd has expressed interest in establishing an integrated palm oil processing unit in partnership...

India’s palm oil imports reach three-month high amid soaring discounts

In November, India witnessed a surge of over 20% in palm oil imports compared to the previous month. Refiners showed a preference for this...

Indian buyers pull back on palm oil purchases amid rising prices

Indian buyers have scaled back their palm oil purchases for December and January shipments, attributing the decision to escalating prices and refiners confronting negative...

SEA urges govt to raise palm oil duty gap to safeguard domestic industry

The Solvent Extractors' Association of India (SEA), representing the edible oil industry, has urged the government to raise the duty gap between crude and...

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