[

palm oil

]

Latest from palm oil

India's May palm oil imports drop 10% as Indonesia curbs exports: Trade body

Indonesia, the world's biggest producer and exporter of palm oil, on April 28 halted exports of the product to control soaring prices at home.

India's May palm oil imports drop 10% as Indonesia curbs exports: Trade body (Reuters)
India's May palm oil imports drop 10% as Indonesia curbs exports: Trade body (Reuters)
Published on Jun 14, 2022 02:09 PM IST

India's May palm oil imports surge to 7-month high despite Indonesia ban: Report

Higher purchases by India, the world's biggest importer of vegetable oil, could support Malaysian palm oil prices, which are trading near a record high.

India imported 660,000 tonnes of palm oil in May, up from 572,508 tonnes in April, according to the average estimate from five dealers(Reuters)
India imported 660,000 tonnes of palm oil in May, up from 572,508 tonnes in April, according to the average estimate from five dealers(Reuters)
Published on Jun 07, 2022 08:54 AM IST

Indonesia to lift ban on palm oil exports from May 23

The archipelago nation had issued the ban last month to secure supplies of the commodity.

Indonesia to lift ban on palm oil exports from May 23 (Reuters)
Indonesia to lift ban on palm oil exports from May 23 (Reuters)
Published on May 19, 2022 05:50 PM IST

Central panel to keep track of essentials as prices soar

Union food secretary Sudhanshu Pandey will head the panel, which recently reviewed the availability of edible oils in the country and met representatives of major oil processing associations.

Edible oil prices have remained elevated due to global supply disruptions and have knocked household budgets. (AFP)
Edible oil prices have remained elevated due to global supply disruptions and have knocked household budgets. (AFP)
Updated on May 02, 2022 05:24 AM IST

How Indonesia's policy stumbles over palm oil have unfolded

Trade Minister Muhammad Lutfi removed export curbs on March 18 and, instead, increased the palm oil export levy, blaming a "palm oil mafia" for exploiting the situation.

How Indonesia's policy stumbles over palm oil have unfolded (Reuters)
How Indonesia's policy stumbles over palm oil have unfolded (Reuters)
Published on Apr 29, 2022 04:54 PM IST
Story Saved
×
Saved Articles
Following
My Reads
My Offers
Sign out
New Delhi 0C
Sunday, November 27, 2022
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals