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Palm oil News

15 Jun 2023

Yoga Guru Ramdev holds press conference, says, 'The aim is to give importance to Mission Palm Oil'

Baba Ramdev PC: Yoga Guru Baba Ramdev held a press conference today. During this press conference, he explained the importance of palm plantation and also explained the benefits for the farmers. Know in detail what Ramdev said in this report.

20 May 2022

Big respite for Indians as oil price eases, other items could get affordable

With Indonesia finally restarting the palm oil exports, the prices of edible oils and other daily life products could go dow.

19 May 2022

Indonesia lifts palm oil export ban from May 23 as supply improves

Indonesia announced to lift its palm oil export ban from May 23. The domestic cooking oil supply situation in the country has improved. Indonesia is the world’s top palm oil exporter.

30 Apr 2022

DNA: Why is there a crisis of edible oil in the world?

There is a serious crisis of edible oil all over the world. This simply means that there may be a shortage of edible oil coming to your house in the next few days.

22 Apr 2022

Indonesia bans palm oil export, world to face the jitters

Indonesia has banned the export of palm oil from April 28. The decision has been taken to control skyrocketing domestic prices and ensure availability of food products at home. Indonesia is the world’s biggest exporter of palm oil.

22 Dec 2021

Govt slashes import duty on refined palm oil to 12.5% to cool retail prices

With reduction in the basic custom duty (BCD), the effective levy (including social welfare cess) on both refined palm oil and refined palmoline will come down to 13.75 per cent from 19.25 per cent, according to Solvent Extractors' Association of India (SEA).

18 Aug 2021

Modi govt takes big decision to reduce dependence on imports for edible oil

Cabinet approves implementation of National Mission on Edible Oils – Oil Palm. A financial outlay of Rs.11,040 crore. Rs 8,844 crore is the share of central government, rest for state government.

09 Mar 2021

After petrol, now edible oil puts kitchen budget on fire. rises 60%

Crude palm oil increased. Edible oil prices hiked. Petrol, diesel prices soaring.

18 Jan 2020

To defuse palm row, Davos diplomacy likely between India, Malaysia

Malaysia is the second-biggest producer and exporter of palm oil and India`s restrictions on the refined variety of the commodity imposed last week have been seen as a retaliation for Mahathir`s criticism of New Delhi`s actions.

Malaysian palm oil

15 Jan 2020

More curbs expected on import of Malaysian palm oil

Now it's a time to pay the price for Malaysia. Reports suggested that Indian authorities started preparation to put a complete ban on the import of Malaysian palm oil. Earlier India already imposed restrictions on imports of refined palm oil and palmolein. It is to be believed that Indian retaliation came against top supplier after its criticism of India's actions in Kashmir and new citizenship law.

08 Jan 2020

India restricts refined palm oil imports after Malaysia's criticism of PM Modi

India imposed restrictions on imports of refined palm oil and palmolein on Wednesday, a move sources said was retaliation against top supplier Malaysia after its criticism of India`s actions in Kashmir and a new citizenship law.

26 Aug 2019

Customs duty on imports of subject goods originating in Malaysia increased

Government seeks that the step will help limit import of Palm Oil from Malaysia, thereby benefiting domestic farmers directly.

World Health Organization

09 Jan 2019

WHO study likens palm oil lobbying to tobacco and alcohol industries

Trans fats are prepared in an industrial process that makes liquid oils solid at room temperature, and are now widely recognised as bad for health.

India's palm oil imports

15 Jul 2015

Palm oil imports rise 23% in June on lower global prices

India's palm oil imports rose by 23 percent to 7,34,358 tonnes in June against the year-ago period on account of lower global prices, Solvent Extractors' Association (SEA) said Wednesday.

India's palm oil imports

15 Apr 2015

India's March palm oil imports jump 25%: SEA

India's palm oil imports rose by 25 percent to 6,82,274 tonnes in March against the year-ago period due to cheaper shipments from Indonesia and Malaysia, Solvent Extractors' Association (SEA) said on Wednesday.

13 Feb 2015

India's palm oil imports fall over 21% in Jan: SEA

Palm oil imports fell 21.25 percent to 6,58,670 tonnes in January due to spurt in global prices of crude palm oil (CPO), Solvent Extractors' Association (SEA) said Friday.

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