Global food commodity prices rose for the ninth consecutive month in February, with quotations for sugar and vegetable oils increasing the most, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 116.0 points in […]
Global food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to the Food and Agriculture Organization of the United Nations (FAO). FAO’s Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 113.3 points in January, marking a 4.3 percent increase […]
World food prices rose for the seventh consecutive month in December, led by dairy products and vegetable oils, the Food and Agriculture Organization of the United Nations reported. The FAO Food Price Index averaged 107.5 points in December, 2.2 percent higher than in November. Over the whole of 2020, the benchmark index, which tracks monthly changes in […]
Global food prices continued rising for the fifth consecutive month in October, led by cereals, sugar, dairy and vegetable oils, according to a new report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks international prices of the most traded food commodities, averaged 100.9 points in October 2020, […]
Jaipur-headquartered Data Group, with a strong edible oil vertical and prominent positioning in mustard oil category in some heartland states is aiming to nearly double its topline in the next three years. According to Deepak Data, Director and Joint Managing Director of the over 40-year-old group, Corona-led restrictions has resulted in a significant spike in […]
Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks the international prices of the most commonly traded food commodities, averaged 96.1 […]
In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils, sugar and dairy quotations, the UN food agency said in its latest monthly report. However, in the cereals and meat markets, most prices remained under downward pressure amid market uncertainties posed […]
Global commodity food prices fell for the fourth consecutive month in May, as supplies appear strong and demand weakens due to economic contractions triggered by the COVID-19 pandemic, the Food and Agriculture Organization (FAO) of the United Nations reported today. The FAO Food Price Index, which tracks international prices of the most commonly-traded food commodities, averaged 162.5 points […]
World food prices declined sharply in March, driven mostly by demand-side contractions linked to the effects of the COVID-19 pandemic and the drop in global oil prices due mostly to expectations of economic slowdown as governments roll out restrictions designed to respond to the health crisis, the UN food agency said in its latest monthly report. The FAO […]
India’s vegetable oils import rose 26 per cent to 14.12 lakh tonnes last month on sharp jump in shipments of refined palm oil, the highest since May 2013, according to latest data from the Solvent Extractors’ Association of India (SEA). Imports of vegetable oils (edible and non-edible) stood at 11.19 lakh tonnes in July last […]
