Palm oil

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JAKARTA: Indonesia's anti-monopoly agency (KPPU) ordered seven cooking oil companies on Friday (May 26) to pay fines of up to US$2.78 million each for restricting sales amid scarce supplies last year. KPPU launched an investigation into…

KUALA LUMPUR: Malaysia said on Sunday (Apr 2) it has signed a memorandum of understanding with a China government-backed trade association to enhance palm oil trade and cooperation. The Malaysian Palm Oil Board said its partnership with…

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MUMBAI/NEW DELHI: India is examining whether there is a need to raise palm oil importtaxes, government and trade sources said, as part of efforts by the world's biggest vegetable oil importer to help millions of its farmers reeling from…

MUMBAI: India's palm oil imports in July fell 10% from a month ago, as refiners ramped up purchases of rival soyoilto take advantage of New Delhi's move to allow duty-free imports of the vegetable oil to calm all-time high prices, a trade…

Pullarao Daravathu and thousands of other farmers in the southern Indian state of Telangana are hard at work growing oil palms as their region strives to add more land to the contentious crop in the next four years than the…

In order to give a fillip to its exports and ease high inventories, Indonesia has temporarily exempted all palm oil products from the export levy. The exemption will remain in effect until August 31, according to a report. The move comes…

<!-- -->Gemini edibles and Fats firm to set up new palm oil manufacturing unit in TelanganaGemini Edibles & Fats India is set to ramp up its production capacity with a new integrated processing facility in Telangana.The proposed…

<!-- -->Palm oil imports had slid 33 per cent in MayNew Delhi: India's palm oil imports declined by 33.20 per cent to Rs 5,14,022 tonne during May this year, but there was sharp rise in shipment of RBD palmolein oil by refineries,…