
Malaysia, the world’s second-biggest producer, has been receiving below-normal rainfall due to El Niño, but palm oil output rose month-on-month in September
Edible oil industry body IVPA expects retail prices of cooking oils to come down following the government's decision to cut import duties on soyabean, palm and sunflower oils. India meets around 60 per cent of its total edible oil requirements through imports…
Cooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body IVPA said. The cuts come ahead of the festive season, when demand typically rises. However, the impact on retail prices w…
MUMBAI, May 6 : Malaysian palm oil prices are likely to rise about 12 per cent to 5,200 ringgit ($1,316) a metric ton by mid-July, as higher energy prices from the U.S.-Israeli war on Iran boost biodiesel demand and tighten supplies, analyst Dorab Mistry said…
India's palm oil imports plummeted 27% in April to a one-year low, driven by sluggish institutional demand and a reduced price advantage over rival oils. This decline could impact global palm oil futures, while imports of soyoil and sunflower oil saw signific…