India’s vegetable oil imports down by 2% in November 2020 to 11.02 lakh tonnes: SEA

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India’s vegetable oil imports fell by 2 per cent in November to 11.02 lakh tonnes due to a sharp decline in inward shipments of refined palm oil, according to industry data. The marketing year for vegetable oils (edible and non-edible oils) runs from November to October. “Import of vegetable oils during November 2020 is reported […]

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Global food commodities index rises as prices of several staples reach multi-month highs

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The global benchmark price index for food commodities rose in September, led by vegetable oils and cereals, according to a report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index averaged 97.9 points during the month, up 2.1 percent from August and 5.0 percent higher than its value in September 2019. […]

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Meat products and vegetable oils push global food prices to 26-month high in November

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World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils, the UN food agency said in its latest report. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged […]

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India’s vegetable oil imports rise 3.5% at 155.5 lakh tonne in 2018-19: SEA

India’s vegetable oil imports increased by 3.5 per cent to 155.5 lakh tonnes in 2018-19 marketing year ended October, due to increase in inward shipments in refined oils, according to industry data. Imports of vegetable oils (comprising edible and non-edible oils) stood at 150.26 lakh tonnes in the previous year. While shipments of edible oil […]

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India’s vegetable oil imports decline by 9 per cent in November 2018

India’s import of vegetable oils during November 2018 is reported at 1,133,893 (approximately 1.13 million) tonnes compared to 1,248,810 (1.24 million) tonnes in November, 2017, a decline of 9 per cent, according to data compiled by the Solvent Extractors’ Association of India (SEA). India had signed a comprehensive Economic Cooperation Agreement (MICECA) with Malaysia on […]

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