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| Vegetable oil import frenzy subsides in July | 14-AUG-09 |
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| Amid apprehensions that the government may not levy import duty on vegetable oil imports as demanded by the industry in order to avoid inflationary pressure, the commodity’s import stabilised in July after logging a sustained growth of 66.5 per cent during the first eight months of the current oil year (November-October). |
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| Oilmeal exports nosedive 57% in Q1 | 04-JUL-09 |
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| According to data compiled by Mumbai-based the Solvent Extractors’ Association (SEA), overall exports of animal feed fell to 614,528 tonnes during the April -June quarter of the current year as compared to 1,433,806 tonnes in the corresponding quarter last year. |
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| Veg oil imports double in May | 16-JUN-09 |
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| India’s vegetable oil imports doubled in May on huge stockpiling by local players in anticipation of higher prices in global markets. |
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| Edible oil imports rise over 100% | 14-MAY-09 |
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| Imports of edible oils are flooding the country even as the government has revised crop estimates for oilseeds for the current season. Solvent Extractors’ Association (SEA) of India has revised upward its estimate of the country’s vegetable oil import in 2008-09 (November-October) to 8 million tonnes against 7.5 million tonnes earlier. |
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| Indonesia blacklists 30 edible oil firms | 15-NOV-08 |
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| Indonesia’s edible oil associations, including GAPKI, have blacklisted 30 Indian companies for defaults and have suggested that public-sector firms such as MMTC, PEC and STC should not encourage |
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| Oilseeds output set to rise 5% | 24-OCT-08 |
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| Total oilseeds output during the current season is likely to be 17.9 million tonnes (MT), higher by nearly 5 per cent compared to last year. |
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