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India's Palm Oil Demand Steady Despite Import Duty Hike, Says Malaysian Minister
access_time 2024-10-25T09:44:49.639Z face Avensha Singh
India's Palm Oil Demand Steady Despite Import Duty Hike, Says Malaysian Minister Introduction India, a significant importer of palm oil, has seen its demand remain stable despite a recent 20% import duty hike, according to Malaysia's Plantation and Commodities Minister, Ghani. As Malaysia continues ...
Rice Prices Surge by 10-15% in India as Global Demand Rises
access_time 2024-10-25T09:40:50.053Z face Avensha Singh
Rice Prices Surge by 10-15% in India as Global Demand Rises Introduction India’s rice market is witnessing a 10-15% surge in prices due to rising global demand following the government’s decision to lift export restrictions on non-basmati rice. With sufficient stock in reserve, the export expansion ...
Why Government's Move to Help Farmers Will Pinch Edible Oil Consumers
access_time 2024-10-25T09:37:33.552Z face Avensha Singh
Why Government's Move to Help Farmers Will Pinch Edible Oil Consumers Introduction India’s government recently increased the basic import duty on crude and refined edible oils to support domestic farmers, especially during the harvest season. This move, while intended to boost local agriculture, has...
Soybean Production in India Climbs to 126 Lakh Tonnes: A Boost for the Edible Oil Sector
access_time 2024-10-25T07:56:23.292Z face Avensha Singh
Soybean Production in India Climbs to 126 Lakh Tonnes: A Boost for the Edible Oil Sector Introduction India’s soybean production has seen a healthy increase, reaching 126 lakh tonnes—about 6% higher than the previous season. This growth, attributed to favorable weather conditions and improved farmin...
Cold Sow: Utilizing Idle Paddy Fields in Winter to Boost Edible Oil Production
access_time 2024-10-25T07:49:41.12Z face Avensha Singh
Cold Sow: Utilizing Idle Paddy Fields in Winter to Boost Edible Oil Production Introduction With India’s growing demand for edible oils and reliance on imports, the idea of utilizing idle paddy fields during winter months presents an innovative approach to boost domestic production. Recently, NITI A...