Palm oil imports rise 23% in June on lower global prices

Last Updated: Wednesday, July 15, 2015, 20:46

India's palm oil imports rose by 23 percent to 7,34,358 tonnes in June against the year-ago period on account of lower global prices, Solvent Extractors' Association (SEA) said Wednesday.

Veg oil body SEA asks members to comply with food safety norms

Last Updated: Wednesday, June 24, 2015, 15:56

With food safety regulator FSSAI stepping up surveillance on packed food items including edible oils, vegetable oils industry body SEA has asked its members to comply with all norms under the FSSAI Act to avoid any difficulties at later stage.

India's March palm oil imports jump 25%: SEA

Last Updated: Wednesday, April 15, 2015, 14:08

India's palm oil imports rose by 25 percent to 6,82,274 tonnes in March against the year-ago period due to cheaper shipments from Indonesia and Malaysia, Solvent Extractors' Association (SEA) said on Wednesday.

Oilmeal exports drop by 41% to 1.18 LT in Feb

Last Updated: Thursday, March 5, 2015, 14:56

Export of oilmeal, used as animal feed, fell by 41 percent to 1.81 lakh tonnes during February this year due to sharp drop in shipments of soyabean meal, industry body SEA said today.

Govt hikes import duty on crude & refined edible oil by 5%

Last Updated: Thursday, December 25, 2014, 18:15

The government has hiked import duty on both crude and refined edible oil by 5 percent to protect the interest of domestic farmers and oil processors amid fall in global prices, a move that may lead to rise in retail prices.

Veg oil imports up 20% at 72.65 lakh tonne from Nov-Jul

Last Updated: Thursday, August 16, 2012, 16:53

India's import of vegetable oils rose by 20 percent to 72.65 lakh tonne in the first three quarters of the current oil year, latest industry data said.