Palm oil

JAKARTA: Indonesia will lift its palm oil export ban from Monday, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday. The world's top palm oil exporter has since April 28 halted…

Indonesia, the world's biggest palm oil exporter, has since April 28 halted shipments of the edible oil in a bid to flood the domestic market with supplies to control the soaring prices of cooking oil. Despite these tough policies that have…

Imports of vegetable oils, comprising edible and non-edible oils, in April this year declined 13 per cent year-on-year to nearly 9.12 lakh tonnes, compared with 10.53 lakh tonnes in April 2021, according to the Solvent Extractors’…

Fadhil Hasan, an official at the Indonesia Palm Oil Association (GAPKI), said he hoped the ban could be lifted within two weeks to a month. Chief economics minister Airlangga Hartarto has said the ban will stay in place until bulk cooking…

<!-- -->Government has said there is sufficient supply of edible oils in IndiaNew Delhi: Government has said there is sufficient stock of edible oils and it is keeping a close watch on the price as well as supply situation, amid…

<!-- -->India-bound edible oil shipments are stuck at Indonesia's ports due to the export banMUMBAI: Indonesia's wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and…

MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told…

Prices of cookies and noodles to soaps and shampoo could go up by at least 8-10% if Indonesia decides to ban crude palm oil exports from April 28. About 60% of India's palm oil demand is met through imports, of which Indonesia and Malaysia…

JAKARTA: Indonesia's Oil Palm Farmers Union said on Sunday  (Apr 24) it supported the government's ban on palm oil exports, calling it a temporary measure that was needed to ensure supply and affordability of cooking oil in the domestic…

The price of edible oil in India is likely to shoot up as Indonesia recently announced a ban on export of palm oil owing to local shortage. Edible oil price in India has already fallen prey to rising inflation, and middle class consumers…