Sunday, December 22, 2024

soybean oil

Cooking oil prices rise 15% in a month

News
Cooking oil prices have surged by up to 15% in the last month, potentially causing worry for the Modi government to rein in food inflation as it starts its third term.Adani Wilmar, Emami Agrotech, and Sunvin...

Despite falling consumption, Vanaspati retains high WPI weightage

News
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 still commands the second-highest weightage in the wholesale price index (WPI) at...

India and Brazil strengthen trade ties with MoU for soybean oil imports

News
The Solvent Extractor's Association of India (SEA) and the Brazilian Association of Vegetable Oil Industries (ABIOVE) have entered into a memorandum of understanding (MoU)...

Sunflower oil and wheat prices surge in India as Russia suspends Black Sea grain deal

News
Sunflower oil and wheat prices are witnessing an upward trend in India due to Russia's suspension of a deal that permitted the export of...

Price relief for consumers as Indian government lowers import duty on refined edible oils

News
Consumers would now have to pay less for edible oils as the Indian government has reduced basic import duty on refined soyabean oil and...

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