Page 4 - Palm Oil

Indonesia to lift palm oil export ban from Monday, says President

The lifting of the ban came after hundreds of farmers rallied to protest the move, saying their incomes have suffered because prices of their fresh fruit bunches plunged

Indonesian export ban brings India's edible oil dependency back in focus

Indonesia's ban on palm oil exports has refocused attention on the efficacy of the government's policy to boost domestic production

Indonesia's economy grows 5.01% in Q1 despite global prices turbulance

The growth was in line with the prediction made by Indonesia's Minister of Finance Sri Mulyani Indrawati that the country's economy would grow on average 5 per cent year-on-year

WTO: India raises concerns over trade barriers built in by Indonesia

Indonesia last week banned the export of crude and refined palm oil amid global shortage of the edible oil

Wheat in surplus for entire year in India, farmers given good prices: Govt

Sudhanshu Pandey, Secretary, DFPD said that due to higher market prices, a large quantity of wheat was being bought by traders at a higher rate than MSP, which was good for the farmers

Indonesia industry body confident palm oil export ban could end in May

He added that a palm oil export target of 34 million tonnes in 2022 would be met

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.

Your shopping bill to get even higher. Blame Indonesia's palm oil ban

The move adds to the impact of Russia's invasion of Ukraine, which plunged the global edible oil market into disarray.

Tech view: Will Indonesia's palm oil export ban hurt HUL, Adani Wilmar?

Among FMCG stocks, Adani Wilmar seems to be better placed at current levels as per the technical charts.

Coca-Cola results exceed expectations on higher prices, stable demand

Analysts and companies have warned that demand could slow as the Ukraine war and Indonesia's ban on palm oil exports result in higher global food prices

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

Palm oil export ban will hurt other countries, but necessary: Indonesia FM

Sri Mulyani Indrawati said that with demand exceeding supplies, the ban announced is "among the harshest moves" the government could take after previous measures failed to stabilize domestic prices

Soyoil prices surge to record high as Indonesia bans palm oil exports

Loss of shipments from Ukraine, the world's top supplier of sunflower oil, and drought in the world's top soybean oil exporter Argentina had already sparked a sharp rise in global vegetable oil prices

Hike import duty gap between crude and refined palm oil: Industry

India's 60 per cent of the edible oil requirement is met through imports

FMCG makers to go for around 10% price hike to ease inflationary pressures

Consumers may have to pay more for daily essential items with FMCG companies mulling another round of price hike to ease inflationary pressure on commodity prices of items such as wheat, palm oil

Global market can't dictate Indonesia palm policy: Trade Minister

Indonesia's palm oil price should not be dictated by external market, its trade minister said, backing his decision to expand palm oil export curbs at time of surging global prices from supply crunch

India asks Indonesia to raise palm oil supply as prices spike: Report

Ukraine and Russia accounted for nearly 13% of India's edible oil imports last year, supplying 1.6 million tonnes.

Palm surges past 7,000 ringgit to record high on Black Sea supply woes

Palm oil has become the costliest among the four major edible oils for the first time

Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply

Palm oil's record premium over rival oils could squeeze price-sensitive Asian and African consumers already reeling from spiralling fuel and food costs, and force them to curtail consumption and shift

Food inflation risks balloon as prices of wheat to palm oil soar

Ukraine and Russia account for about a quarter of the global trade in wheat, a fifth of corn sales, and 80% of worldwide sunflower oil exports.