Food & Edible Oils

17 May 17
India's palm oil import spurts 2.25% in April
06:40 AM
Palm oil import rose 2.25 per cent to 7,52,632 tonnes in April on higher shipment of crude palm oil (CPO), industry body Solvent Extractors Association (SEA) said on Tuesday.
Centre directs states to lift stockholding limit on pulses
05:10 AM
Union Food Minister Ram Vilas Paswan on Tuesday said the Centre had directed state governments to lift stockholding limits on pulses because of adequate supply and drop in prices.
08 May 17
Commodity picks: 8 May, 2017
06:07 AM
Black pepper prices are currently trading at Rs 55,700 a quintal. Prices are declining on the back of weak domestic demand and imports from Vietnam. International prices are falling due to higher production in Vietnam.
05 May 17
Pulses import to fall by 20% in FY18 on better domestic output
01:55 AM
After a record high of 5.67 million tonnes in 2016-17, representing a 19.9 per cent increase over the previous year, import of pulses is expected to decline this year, by up to 20 per cent.
03 May 17
Maharashtra govt to call for a global tender to auction tur
03:21 AM
Maharashtra government has decided to call for a global tender, to auction tur (pigeon pea), in the backdrop of the bumper production of the commodity.
Wheat buy in 2017-18 crosses last year's total
01:34 AM
Wheat procurement by state and central agencies surpassed last year’s total purchases as on date and totaled around 24.66 million tonnes, as against 20.84 million tonnes during the same period last year.
07 Apr 17
Raise minimum support price for pulses, says CACP
05:47 AM
The central government might increase its minimum support price (MSP) for tur (red gram) and moong dal (green gram) by Rs 200 and Rs 475 a quintal, respectively, for the 2017-18 kharif season, if it agrees with the recommendations made by the Commission
31 Mar 17
Sugar output may dip 19%, says Icra
06:00 AM
Sugar production is likely to decline by 19 per cent to 20.3 million tonnes during sugar year (SY) 2017, due to poor rainfall during previous monsoon in key producing states like Maharashtra and Karnataka, Icra said in a report on Thursday.
30 Mar 17
Tur price up 7% in spot mandis on import duty levy
12:46 AM
Tur prices jumped 7 per cent in the last two days on estimates of lower supply following the government’s decision to levy a 10 per cent import duty on it.
28 Mar 17
Castor prices decline 2.5% as cash margin goes up
05:40 AM
Castor seed prices declined by up to 2.5 per cent on Monday following the imposition of a 20 per cent margin on all buy-side contracts by the National Commodity and Derivatives Exchange (NCDEX).
Nine years after ban, govt allows export of edible oil in bulk
01:41 AM
In a notification issued on Monday, the office of the Director General of Foreign Trade, said, “Exports of groundnut oil, sesame oil, soybean oil and maize (corn) oil in bulk, irrespective of any pack size, has been exempted from the prohibition on
25 Mar 17
Sugar could remain subsidised for poor families
02:06 AM
To support the poor, the Centre is expected to continue with subsidised sale of sugar to about 25 million Antodaya Anna Yojana (AAY) families, bearing a financial burden of around Rs 550 crore a year.
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