Palm Oil

Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.

Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.

On Sunday, a snake catcher rescued a 13-foot king cobra from an Andhra Pradesh palm oil plantation. A farmer discovered the snake and immediately contacted Venkatesh, the snake catcher, who rescued the reptile.

Government has said there is sufficient stock of edible oils and it is keeping a close watch on the price and supply situation

Indonesia's wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at its ports and oil mills

Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil

India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports

Prices of Vanaspati oil (packed) have gone up by Rs 13 to Rs 16 per kg across cities in the past couple of weeks

Solvent Extractors' Association has suggested immediate initiation of dialogue with Indonesia on the proposed palm oil export ban

Last Friday, Indonesian president Joko Widodo announced the suspension of all cooking oil and raw material exports from April 28 until further orders

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.

Indonesia will ban exports of palm oil starting next week, its president said Friday, as the world's biggest producer faces a shortage of cooking oil made from the product.

India's palm oil imports jumped 18.7 per cent in March from the previous month, as traders moved to secure alternatives to sunflower oil

India's oilseeds production has gone up by 19 per cent between 2018-19 and 2021-22, yet it is dependent on imports to meet domestic demand

The escalating Russia-Ukraine conflict has pressured fast moving consumer goods (FMCG) companies in India to consider another round of price hikes to offset an unprecedented rise in commodity prices such as wheat, palm oil and packaging materials.

Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.

Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.

On Sunday, a snake catcher rescued a 13-foot king cobra from an Andhra Pradesh palm oil plantation. A farmer discovered the snake and immediately contacted Venkatesh, the snake catcher, who rescued the reptile.

Government has said there is sufficient stock of edible oils and it is keeping a close watch on the price and supply situation

Indonesia's wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at its ports and oil mills

Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil

India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports

Prices of Vanaspati oil (packed) have gone up by Rs 13 to Rs 16 per kg across cities in the past couple of weeks

Solvent Extractors' Association has suggested immediate initiation of dialogue with Indonesia on the proposed palm oil export ban

Last Friday, Indonesian president Joko Widodo announced the suspension of all cooking oil and raw material exports from April 28 until further orders

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.

Indonesia will ban exports of palm oil starting next week, its president said Friday, as the world's biggest producer faces a shortage of cooking oil made from the product.

India's palm oil imports jumped 18.7 per cent in March from the previous month, as traders moved to secure alternatives to sunflower oil

India's oilseeds production has gone up by 19 per cent between 2018-19 and 2021-22, yet it is dependent on imports to meet domestic demand

The escalating Russia-Ukraine conflict has pressured fast moving consumer goods (FMCG) companies in India to consider another round of price hikes to offset an unprecedented rise in commodity prices such as wheat, palm oil and packaging materials.