Food & Edible Oils

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.
23 Mar 17
MCX eyes agri commodities segment with a slew of new products
01:29 AM
The Multi Commodities Exchange (MCX) has set its sights on strengthening its position in the agri commodities segment and consolidating its presence in the non-agri segment.
16 Mar 17
Why Paswan is unhappy with sugar producer's association
02:04 AM
Food Minister Ram Vilas Paswan on Tuesday said the estimates of sugar production provided by the Indian Sugar Mills Association (Isma) were low and “misleading&" and no import was required now because the country had enough sugar.
07 Mar 17
Will guar gum bounce back and regain past glory?
04:41 AM
There are initial signs of guar gum regaining some of the ground it lost in recent years.
20 Feb 17
Commodity picks: 20 February, 2017
06:51 AM
Mustard seed is trading at Rs 4,048 per quintal in the spot markets.
16 Feb 17
Palm oil imports fall 11% in January
01:15 AM
Palm oil imports fell for the third consecutive month by 11.56 per cent to 608,762 tonnes in January, on account of good domestic oilseeds production and better availability of edible oils, industry body Solvent Extractors Association (SEA) said on
15 Feb 17
JERA picks up 10% in ReNew Power for $200 mn
01:15 AM
Japan’s JERA has picked up a 10 per cent stake in ReNew Power Ventures. The deal size is estimated to be $200 million, through subscription of newly issued shares.
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