Food & Edible Oils

28 Mar 17
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.
14 Feb 17
Sugar price hangs on output in India
03:15 AM
Sugar traders are bracing for a wild ride.
After Trump sanctions, currency crisis in Iran hits India's basmati exports
03:10 AM
Uncertainty over the use of currency for bilateral trade has put India's basmati rice exports to Iran in doldrums following hesitation over use of the dollar after fresh sanctions levied by the United States on the Islamic country.
08 Feb 17
Drought in Kenya to boost Indian tea prices
02:12 AM
Indian CTC tea exports can look forward to a healthy start in the beginning of the year as the Mombasa auction prices in Kenya, backed by a drought-like situation in the country, have started to pull up international prices of this tea variant.
11 Jan 17
Vegetable prices crash in mandis on bumper crop
05:00 AM
Data compiled by the government-owned National Horticulture Board (NHB) showed 76.19 per cent decline in the price of cabbage, which is trading currently at Rs 2.50 a kg in the Ahmedabad wholesale mandi.
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