Page 2 - Extractor Association News Today

    business bureauindia’s palm oil imports declined 14.59 per cent to 4,39,173 tonne during may this year, but there was a sharp rise in shipments of crude sunflower oil, industry body sea said on thursday. india, the world&#821

According to Solvent Extractors Association (SEA), import of palm oil products increased sharply to 5,348,396 tonne during November-May period of 2022-23 oil year due to price parity as compared to 3,739,783 tonne in the year-ago period. "The share of palm oil increased to 59 per cent from 50 per cent, while soft oils import reduced. However in last two months, shipment of sunflower and soybean oils sharply increased," SEA Executive Director B V Mehta said in a statement.

According to Solvent Extractors' Association (SEA), import of palm oil products increased sharply to 5,348,396 tonne during November-May period of 2022-23 oil year due to price parity as compared to 3,739,783 tonne in the year-ago period.

Edible Oil Prices To Get Cheaper By Nearly 6

India imports 25 lakh tonnes of sunflower oil annually, of which 70 per cent comes from Ukraine, 20 per cent from Russia and 10 per cent from Argentina.

Minister of Petroleum and Natural Gas was questioned by Rajya Sabha Member Kartikeya Sharma on the number of petrol pumps selling Biofuels, replying to which,

Last year, capacity of domestic refining industry was 38-40 million tonnes but utilisation was only 18 million tonnes

Get latest articles and stories on Latest News at LatestLY. Edible oils industry body SEA on Monday urged the Centre to increase import duty on RBD palmolein from the current 12.5 per cent to 20 per cent to discourage cheaper imports and protect domestic refiners. Latest News | SEA Seeks Hike in RBD Palmolein Import Duty to 20 Pc to Protect Domestic Refiners.

Indian rice farmer Ibrahim Shaikh says he looked up at the sky daily and prayed for unseasonal rains to stop. His prayers unanswered, he says he started harvesting the wet crop earlier this week.

Kadadhe, India: Indian rice farmer Ibrahim Shaikh says he looked up at the sky daily and prayed for unseasonal rains to stop. His prayers unanswered,...