Page 2 - Edible Oil Prices

Amid falling global prices, edible oil players see demand uptick

Inflationary trends led by edible oil prices had hurt both household and industrial demand for soft and hard oils in Q1

Lower edible oil price by Rs 15 with immediate effect: Govt to associations

It has also advised that the price to distributors by the manufacturers and refiners needs to be reduced immediately so that the price drop is not diluted in any way.

Edible oil prices will soften by Rs 15/litre in a few weeks: Industry

Decision arrived at today during a meeting between industry players & officials

Govt asks cos to cut MRP of edible oils by up to Rs 10/litre within a week

Companies have been asked to maintain uniform MRP across the country for same brand of edible oils, says Food Secretary

Edible oil prices ease; major brands cut MRP by Rs 10-15/litre: Govt

As per govt data, average retail prices of packaged edible oils have ease slightly, except for groundnut oil, across country since beginning of this month and are ruling between Rs 150 and 190 per kg.

Adani Wilmar slashes edible oil prices by Rs 10 on govt's import duty move

Adani Wilmar has reduced the maximum retail price (MRP) of Fortune refined Sunflower oil's 1-litre pack to Rs 210 from Rs 220, the company said in a statement.

Prices of food items continuing to increase in May, says RBI report

"Pulses prices remained steady, although tur prices have moderated while masoor prices edged up. Edible oils prices registered a broad-based increase," the report said.

India braces for sharp rise in edible oil rates, but spike could be short

Indonesia has banned palm oil exports, but it has to liquidate stockpile and demand could be met from other sources.

Palm oil prices surge on Indonesia ban in risk to global food inflation

Indonesia said on Friday that the shipment halt will start from April 28 and last until the government deems a domestic shortage resolved

About 24% Indian homes reduce edible oil consumption due to high prices

At the same time, 67% of respondents pruned spending in other areas to pay for higher edible oil prices

SEA asks edible oil makers to refrain from raising prices

Mumbai-based SEA also requested members to ensure the supply chain is maintained smoothly and consumers are not put to any difficulty

Indians stock up cooking oil, fuel, fearing shortages amid Ukraine war

India imports more than 90% of its sunflower oil from Russia and Ukraine, though sunflower oil accounts for about 14% of its total edible oil imports.

States told to Implement stock limit order on oilseeds, oil to check prices

Exporters and importers have been kept outside the purview of this order with some caveats

Soaring edible oil prices deal blow to India's inflation fight

Prices of palm oil, the most-consumed edible oil in the world, have jumped 15% this year to a record

Retail edible oil prices show declining trend from Oct 2021: Govt

The Centre on Tuesday said retail prices of edible oils across the country are ruling higher than a year-ago period in line with the global market

'Edible oil prices down Rs 8-10 per kg in last 30 days; may fall further'

Edible oil prices declined by Rs 8-10 per kg in last one month mainly on the back of lower import duties and may fall by Rs 3-4 per kg in coming months

Entry of competitors will open up branded oil market: Adani Wilmar CEO-MD

In a Q&A, Angshu Mallick shares the company's road map towards becoming a nationwide branded food staples consumer major

Retail edible oil prices drop by Rs 5-20/kg in major markets: Food Secy

Edible oil prices in the major retail markets across the country have declined, the official said

Major edible oil players cut wholesale prices by Rs 4-7 a litre

India meets more than 60 per cent of its edible oils demand through imports. Any rise in global prices has a direct impact on local prices

18 states to impose stock limits on edible oils ahead of Diwali festivities

Move aimed at easing prices; decision conveyed at a meeting today; UP has already imposed limits