Edible oil industry seeks higher duty difference between crude, refined palm oil \
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Edible oil industry seeks higher duty difference between crude, refined palm oil

25-Nov-2022
India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports.
25-Nov-2022 Business
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Absence of futures in palm, soyoil hurting importers, industry body makes case for resumption \
3 min read
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Absence of futures in palm, soyoil hurting importers, industry body makes case for resumption

14-Oct-2022
New Delhi [India], October 14 (ANI): There is an urgent need to allow exchange trading in palm oil and soybean oil as an absence of futures trading, which facilitates hedging, has led to "heavy financial loss" for importers of these commodities during the past three-to-four months, according to the edible oil industry body The Solvent Extractors' Association of India.
14-Oct-2022 Business
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Resume futures trading in crude palm and soybean oil: Industry body to SEBI \
2 min read
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Resume futures trading in crude palm and soybean oil: Industry body to SEBI

13-Sep-2022
New Delhi [India], September 13 (ANI): Domestic edible oil industry body Solvent Extractors' Association of India requested financial market regulator SEBI to resume futures trading of internationally traded commodities such as crude soybean oil and crude palm oil.
13-Sep-2022 Business
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FSSAI launches 2-week long drive to check adulteration in edible oils \
3 min read
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FSSAI launches 2-week long drive to check adulteration in edible oils

03-Aug-2022
New Delhi [India], August 3 (ANI): The Food Safety and Standards Authority of India (FSSAI) has launched a nationwide campaign to check adulteration in edible oils, the presence of trans-fatty acids in hydrogenated oils and to crack down on the sale of loose edible oil across the country.
03-Aug-2022 Business
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Edible oil makers asked to label package without mentioning temperature \
2 min read
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Edible oil makers asked to label package without mentioning temperature

24-Jul-2022
New Delhi [India], July 24 (ANI): Edible oil manufacturers, packers, and importers have been asked to pack the commodity without mentioning the temperature at which it was packed and advised them to ensure that the quantity declared on the package in volume or mass is correct.
24-Jul-2022 Business
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Use MSP as tool to encourage pulses, oilseed production, says industry body SEA \
4 min read
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Use MSP as tool to encourage pulses, oilseed production, says industry body SEA

23-Jun-2022
New Delhi [India], June 23 (ANI): The government should use minimum support price (MSP) as a tool for both encouraging crops which are in short supply like oilseeds and pulses, and disincentivise crops such as wheat and rice which are in abundance, said edible oil industry body The Solvent Extractors' Association of India.
23-Jun-2022 Business
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