Palm Oil

India's palm oil imports dive 27% as price rise dents demand, dealers say

Lower purchases by the world's biggest importer of vegetable oils could lead to higher stocks of palm oil in key producers Indonesia and Malaysia, weighing on benchmark futures.

03 September 2024, 10:33 IST

India's palm oil imports dive 27% as price rise dents demand, dealers say

03 September 2024, 10:33 IST

India's June palm oil imports rise to 6-month high on lower prices

Higher palm oil purchases by India, the world's biggest importer of vegetable oils, could support the benchmark Malaysian palm oil futures that are trading near their highest level in more than two months.

02 July 2024, 12:21 IST

India's June palm oil imports rise to 6-month high on lower prices

02 July 2024, 12:21 IST

India's May palm oil imports reach 4-month high on price drop-dealers

Palm oil imports in May jumped to 769,000 metric tons, the highest since January, according to estimates from dealers.

04 June 2024, 07:18 IST

India's May palm oil imports reach 4-month high on price drop-dealers

04 June 2024, 07:18 IST

India's April palm oil imports jump 34% on lower global prices

Palm oil accounted for 52% of India's total edible oil imports of 13,04,409 tonnes in April and sunflower and soybean oils import stood at 6,20,315 tonnes.

14 May 2024, 10:24 IST

India's April palm oil imports jump 34% on lower global prices

14 May 2024, 10:24 IST

Malaysia eyes 'orangutan diplomacy' with nations that import palm oil

The plan, likened to China's "panda diplomacy" by the commodities minister, comes after the European Union approved a ban last year on imports of commodities linked to deforestation, which coul0.d hurt palm oil, used in everything from lipstick to pizza.

08 May 2024, 07:29 IST

Malaysia eyes 'orangutan diplomacy' with nations that import palm oil

08 May 2024, 07:29 IST

Malaysia sees strong palm oil demand from India, China this year

Malaysia Plantation and Commodities Minister told the country expected strong demand for palm oil from key markets.

05 March 2024, 04:22 IST

Malaysia sees strong palm oil demand from India, China this year

05 March 2024, 04:22 IST

India's palm oil imports rise 29% in Nov-Sept of 2022-23 oil year: SEA

India, the world's leading vegetable oil buyer, imported 70.28 lakh tonnes of palm oil products during the same period in the the previous oil year.

13 October 2023, 11:45 IST

India's palm oil imports rise 29% in Nov-Sept of 2022-23 oil year: SEA

13 October 2023, 11:45 IST

India's September palm oil imports drop 26%

Imports of soyoil edged 0.1 per cent higher to 358,557 tons and those of sunflower oil were down about 17.8 per cent at 300,732 tons, the Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement.

13 October 2023, 10:03 IST

India's September palm oil imports drop 26%

13 October 2023, 10:03 IST

Aging trees show a crisis looms for the world’s everything oil

As oil palms approach their commercial lifespan of a quarter-century, they provide less of the versatile edible oil, used in everything from ice cream to cosmetics and fuel. Some plants become too ungainly to tackle for laborers, who rely on hand-held sickles attached to long poles. New palms, however, take several years to yield fruit in commercial quantities.

01 October 2023, 04:39 IST

Aging trees show a crisis looms for the world’s everything oil

01 October 2023, 04:39 IST

India's July palm oil imports jump 59% as discounts widen

India buys palm oil mainly from Indonesia, Malaysia and Thailand, while it imports soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine.

14 August 2023, 11:17 IST

India's July palm oil imports jump 59% as discounts widen

14 August 2023, 11:17 IST