varieties of palm, soyabean and sunflower oil till March 2022, a move which will help cool prices and

crude soyabean oil and crude sunflower oil.... Tuesday’s order by the finance ministry also

while those of liquefied natural gas increased by 91. 78pc in value.... The import of soyabean oil

ISLAMABAD: The Paki-stan Vanaspati Manu-fact-urers Association( PVMA) has agreed in principle to take measures in the next couple of days to bring down prices of edible oil/ ghee. The understanding was reached at a meeting between Finance Minister Shaukat Tarin and a PVMA delegation on Monday. During the meeting, Mr Tarin showed displeasure over repeated hike in edible oil/ ghee prices in domestic market and warned of a strict action, a source told Dawn. After an exchange of information by the t

Edible oil is one of the main daily food items of consumers.... Therefore, monitoring stocks at each level will help to know how quickly the edible oils are getting refined and coming to the market, he added. Asked if the government plans to impose stock limits, Pandey replied in the negative." No.... No state government suggested there is a need for a stock limit at this stage....

KUALA LUMPUR: The FBM KLCI trend higher Wednesday, tracking the overnight gains at Wall Street, as Public Bank and Tenaga Nasional lifted. The benchmark index added 3.45% to 1, 496.13 at 9. 05am with 205 gainers, 109 losers, and 207 traded unchanged.... Turnover stood at 334.45 million units worth RM120. 09mil. Overnight, the Dow Jones Industrial Average rose 561 points, or 1.6%, while the SP 500 gained 1.8%, and the Nasdaq Composite advanced 2.4%.TA Securities Research said stocks should conti

Of the total vegetable oil imports, edible oils were 1.1 million tonnes and non-edible oils 12, 498 tonnes during November 2023.... Oil year runs from November to October.... According to the Solvent Extractors Association of India( SEA), the country's crude vegetable oils declined by 26.34 per cent to 0.9 million tonnes in November this year as against 1.3 million tonnes in the year-ago period....

India's foodgrain production is likely to touch record 150.50 million tonne in the ongoing kharif season on better rice output amid good monsoon, the agriculture ministry said on Tuesday.In the kharif season of 2020-21 crop year( July-June), the foodgrain output comprising rice, pulses and coarse cereals stood at a record 149.56 million tonne. Record production is pegged in rice, sugarcane and cotton.... However, production of coarse cereals and oilseeds is estimated to be lower marginally duri

India's edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters.... Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia and support benchmark futures.... India's average monthly edible oil imports in the 2021/ 22 marketing year were 1.17 million tonnes, trade body Solvent Extr

India's vegetable oil imports increased by 46 per cent to 17.71 lakh tonnes in July this year on rise in palm oil shipments, industry body SEA said on Monday.... According to the Solvent Extractors Association( SEA), edible oil imports rose 46 per cent to 17.55 lakh tonnes during July this year, when compared to 12.05 lakh tonnes in the year-ago period.... Non-edible oil imports too increased to 15, 999 tonnes from 9, 069 tonnes in the said period....