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Business 16 Nov 2012 | 12:00 AM

India Oct refined palm oil imports down 45% m/m, M'sia and Indonesia main suppliers

NEW DELHI: India's imports of refined palm oil fell sharply in October from the previous month, as an import duty hike aimed at protecting the local refining industry from cheaper Indonesian supplies of the edible oil took effect.

Business 15 Feb 2013 | 12:00 AM

India vegoil imports jump to all-time high, pushed by M'sian nil tax

NEW DELHI: India's vegetable oil imports soared 27 percent from a month ago to an all-time high in January on purchases of cheap palm oil, a trade body said, raising the prospect for further curbs on cheap imports from Malaysia and Indonesia.

Business 15 Mar 2013 | 12:00 AM

India, one of the biggest importer of M'sian palm oil, imported less in Feb

NEW DELHI: India's palm oil imports dropped almost 10 percent in February from an all-time high in the previous month, a trade body said on Thursday, hurt by a duty hike to curb cheap imports from Southeast Asia and record stock levels.

Business 22 Nov 2013 | 7:10 AM

India's rapeseed output to rise, may curb palm oil imports from M'sia

NEW DELHI: India could produce up to 13 percent more rapeseed oil in 2014 as farmers take advantage of monsoon-soaked land to grow the more lucrative crop, traders said, which would help curb imports and its trade deficit. Increased domestic rapeseed output could help India, top global importer of edible oils, rein in its purchases of palm oil from Malaysia and Indonesia next year.

Commodities 16 Apr 2014 | 8:01 AM

India's palm oil imports up in March, snap two-month drop

NEW DELHI: India's palm oil imports rose 35 percent in March, snapping two straight months of declines as buyers built stocks after overseas purchases hit a near three-year low in February, data from the Solvent Extractors' Association showed on Tuesday.

Business 15 May 2014 | 8:39 AM

India's palm oil imports ease, but seen up before Ramadan

NEW DELHI: India's palm oil imports are expected to rise in May, as stocks are increased ahead of Ramadan to meet demand for cooking oil during the Muslim holy month.

Business 17 Jun 2014 | 8:23 AM

India's May palm oil imports rise ahead of Ramadan

NEW DELHI: India's palm oil imports rose 22 percent to 654,255 tonnes in May from a month ago, data from the Solvent Extractors' Association of India showed, as buyers stocked up ahead of the Muslim holy month of Ramadan when demand typically peaks.

Business 16 Sep 2014 | 6:46 AM

India's Aug vegoil imports hit record on soyoil surg

NEW DELHI: India's vegetable oil imports in August touched a record 1.3 million tonnes, a trade body said, helped by the highest ever soyoil imports on expectations of a poor soybean harvest

Business 27 Sep 2014 | 7:06 AM

India's soyoil imports seen down in 2014/15 on bumper oilseed crop-traders

NEW DELHI: India's soyoil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop aided by a late surge in the monsoon rains, traders said on Friday.

Commodities 02 Oct 2015 | 12:00 AM

Palm oil rally on El Nino bucks resource rout

KUALA LUMPUR: September was a rough month for commodities as China’s slowdown and excess supplies spurred losses in oil and industrial metal prices.