Tag: Edible Oil

Edible oil set to get cheaper, prices to drop by Rs 10-12/litre
Edible oil set to get cheaper, prices to drop by Rs 10-12/litre

Over the past two months, international prices have come down since Indonesia removed its ban on exports, moderating prices.

  • Friday, 05 August 2022
No shortage of palm oil due to Indonesia's export ban: Govt
No shortage of palm oil due to Indonesia's export ban: Govt

The international oil trade market was already on the edge since the Ukraine-Russia war broke out in late February. It faced a double whammy when Indonesia imposed the export ban from April 28 owing to domestic reasons.

  • Thursday, 05 May 2022
Stock Limit On Edible Oils, Oilseeds Extended Up To Dec 31
Stock Limit On Edible Oils, Oilseeds Extended Up To Dec 31

In a related development, the government has also extended the free import of refined palm oils till December 31. The Lok Sabha was informed on Wednesday that 62.84 LMT of palm oil was imported between June 2021 and March 14, 2022.

  • Thursday, 31 March 2022
India's Palm Oil Imports Don't Need To Adhere To NDPE Policy: Govt
India's Palm Oil Imports Don't Need To Adhere To NDPE Policy: Govt

The Minister also said that India is the largest importer of edible oils i.e., palm oil, in the world with import of edible oils during the last three financial years at 1,50,19,308.54 tonnes in 2018-19, 1,47,22,123.78 in 2019-20, and 1,35,40,020.94 in 2020-21.

  • Wednesday, 23 March 2022
Traders Can Import Refined Palm Oil Without Licence Till End Of Dec 2022: Govt
Traders Can Import Refined Palm Oil Without Licence Till End Of Dec 2022: Govt

According to the SEA, India's dependence on import of edible oils is nearly 65 per cent of the total consumption of about 22-22.5 million tonne. The country imports 13-15 million tonne to bridge the gap between demand and domestic supply.

  • Monday, 20 December 2021
LPG price hike
Edible Oil, LPG Prices Go Through Roof In 2 years

The common man is hurting due to the sharp rise in prices of essential commodities like edible oil and LPG in the last three years.

  • Wednesday, 12 May 2021
Fake-oil
Edible oil, ghee adulteration unit busted in Bhubaneswar

Bhubaneswar: Police arrested three persons today after conducting raid at an edible oil adulteration unit in Laxmisagar area of Bhubaneswar. During the raid, the cops also seized different materials used as ingredients, plastic bottles, caps, labels of different brands and 50 to 60 cans of oil. As per reports, oil and ghee of big brands […]

  • Monday, 26 April 2021
Edible-oil
Cooking Oil 'Adulteration' Unit Busted In Odisha

Cuttack: Tangi Police today busted a cooking oil ‘adulteration’ unit operating out of Manguli square in the suburbs of Cuttack. As per reports, huge amount of oil, tin cans and packaging materials were seized from three warehouses in the area during raid. It is alleged that the unit was engaged in adulterating cooking oil. Speaking […]

  • Tuesday, 20 April 2021
FSSAI
FSSAI Launches Drive Against Adulteration In Edible Oil

New Delhi: Food safety regulator FSSAI has decided to intensify its crackdown against the sale of adulterated edible oil with pan-India surveillance. A quality survey has been conducted across the country between August 25-27 across all states and Union territories. The nationwide survey was carried out with over 4,500 samples covering a total of 16 […]

  • Tuesday, 13 April 2021
Edible-Oil
After Potato & Onion, Edible Oil Burns Hole In Pockets

New Delhi: After potato and onion, the price of edible oil has now gone up due to a sharp increase in the cost of oilseeds. Crude palm oil (CPO) prices in the domestic futures market have risen by 53 per cent in the past six months due to a decline in palm oil production in […]

  • Saturday, 10 April 2021
Edible Oil
Odisha: Inflating Price Of Edible Oil Sets Off Alarm Bell Among Consumers

Cuttack: Steady rise in the price of edible oil has become a cause of concern for the consumers in the State. As per market study, the average prices of all edible oils – groundnut, mustard, vanaspati, soyabean, sunflower and palm oil – have increased up by Rs 20-30 over the last few months. While the […]

  • Wednesday, 07 April 2021
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