Thu, Jan 25, 2024
Why is edible oil in the focus of the government, what will be the special announcements for the oilseeds industry, will the prices further reduce for the consumer? Know the answers to all these questions in this video.
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Fri, Jan 12, 2024
Solvent Extractors' Association of India (SEA) data showed imports of edible oils fell to 13,07,686 tonnes in December last year from 15,55,780 tonnes in the year-ago period.
Mon, Aug 28, 2023
Increase in edible oil and sugar, Why did the sweetness of sugar increase? Why has edible oil become expensive? Why the rise in agri commodities? Know in this video.....
Tue, Aug 16, 2022
Important meeting on commodity prices today. There will be a rethink on the stock limit of edible oil, oilseeds. What are the important issues of this meeting? Know from Ambarish Pandey.
Thu, Aug 04, 2022
The Food Secretary called a meeting with the edible oil companies on Thursday to review the edible oils. The government has intensified its efforts to reduce the price of oils. The government can ask companies to reduce the price by up to Rs 10.
Wed, Aug 03, 2022
Will edible oil be cheaper? Will the prices of edible oils come down further? Tomorrow there will be a meeting of the Food Secretary to discuss the prices of edible oil. Know full news from Ambarish Pandey.
Edible oil is set to get further cheaper despite huge demand during the festival season in August.
Tue, Jul 19, 2022
In a big relief for consumers, Patanjali Foods has announced to reduce prices of oil by Rs 10-15 per litre. This comes after the edible oil major had earlier also slashed oil prices by Rs 30 per litre on the MRP
Sat, Jul 16, 2022
Earlier this month, the government had directed edible oil manufacturers to further decrease the maximum retail price (MRP) of imported cooking oils by up to Rs 10 per litre within a week,
The import bill of vegetable oil witnessed an increase of around 21 per cent in 2020-21 over 2019-20, which further increased by 63% in FY22 over FY21.
Fri, Jul 08, 2022
In a bid to provide relief to consumers, the Centre has asked the edible oil associations to ensure reduction in the maximum retail price (MRP) of cooking oils by up to Rs 15 per litre, with immediate effect. The Union government has also advised the manufacturers and refiners to reduce prices of edible oils immediately and pass the benefits to consumers. Last month also, companies had reduced the price by Rs 10 to 15 per litre.
Wed, Jul 06, 2022
Today palm oil prices fell by 20% in 2 days. BMD palm oil fell heavily by 10%. Palm oil futures price in Malaysia reached near 3900 ringgit / ton. Apart from this, edible oil companies will cut MRP of edible oil again. As per the government estimates, prices of edible oil can be reduced by up to Rs 20 per litre. Watch Commodities Live with Mrituenjay Kumar Jha.
In today's meeting, the government has directed to reduce the prices of edible oil. Oil companies have given assurance of reducing the price soon. The effect of the decline in foreign will be visible in the domestic market. Last month the companies had reduced the prices by Rs 10-15/litre. In a month, the foreign price decreased by $ 300 450/ ton. As per the government estimates, prices of edible oil can be reduced by up to Rs 20 per litre.
The government has directed edible oil companies and manufacturers to make changes in MRP.
Tue, Jul 05, 2022
The Central government will be a holding an important meeting on edible oil on Wednesday at 11 am. In the meeting, there will be respresentations from all edible oil producers and millers
The price of flour is under control. The government is keeping an eye on the prices. Tomorrow there will be meeting with edible oil companies. Instructions will be given to reduce the prices of edible oil: Food Secretary, Sudhanshu Pandey. Watch an exclusive conversation with Food Secretary Sudhanshu Pandey on Zee Media.
Tomorrow there is an important meeting with oil companies like Ruchi Soya, Adani Wilmar. Instructions can be given to reduce the MRP.
Wed, Jun 22, 2022
The common man is getting news of a relief on the rising inflation front. Due to the reduction in international rates and government intervention, the prices of edible oil in the retail market have started coming down. Many brands have reduced the prices. Edible oil became cheaper from Rs 15 to Rs 22. Watch this special report of Saurabh Pandey.
Fri, Jun 17, 2022
Companies have slashed prices of edible oil. MRP Price reduced by Rs 10-20 litres. Palm oil became the cheapest in 4 months. Palm oil prices fell 9% this week. Soybean oil in the US reached 2-month low. There is a possibility of further increase in edible oil exports in Indonesia. Soya oil imports jumped 37% in May (MoM). How is the supply of edible oil? Will oil prices fall further? How much oil will be imported from Indonesia? Watch special discussion with 3 big oil industries on Commodity Special Show with Mrityunjay Kumar Jha.
Edible oil has become cheaper. Today, the branded edible oil manufacturers have reduced the prices of palm, sunflower and soybean oil by up to Rs 20 per litre. Many companies including Ruchi Soya reduced the price by up to Rs 20 per liter. Customers will get the benefit in 1-2 weeks. Why the price of edible oil decreased? Know from Mrituenjay Kumar Jha on India 360.
Thu, Jun 16, 2022
Edible oil will be cheaper. Many companies including Ruchi Soya reduced the prices. Customers will get benefit in 1-2 weeks. Why the price of edible oil decreased? Know from Mrityunjay Kumar Jha.
Tue, Jun 07, 2022
Higher purchases by India, the world`s biggest importer of vegetable oil, could support Malaysian palm oil prices, which are trading near a record high.
Fri, May 27, 2022
The government's strictness on edible oil and oilseeds continues as central teams are conducting raids in different parts of the country. Zee Business Ambrish Pandey reports.
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