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Pandemic fears, high prices to stall India s vegoil demand recovery in 2021: Sunvin CEO

New Delhi India s vegetable oil imports are set for another subdued year in 2021 as refiners pass on high prices to the consumers and a resurgence of the coronavirus pandemic looms large in the country, according to Sandeep Bajoria, CEO of Mumbai-based vegetable oil broking firm Sunvin Group. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Vegetable oil consumption fell by about 2 million mt to 21.5 million mt in 2020 [from 2019] and will remain at similar levels in 2021 as high prices pinch the pockets of consumers, Bajoria said in an interview with S&P Global Platts. In 2019, India consumed 23 million mt of vegetable oils. Of this, 15 million-15.5 million mt was imported while the rest was met by domestic production, according to the Solvent Extractors Association of India (SEAI) data.

Srpski golman u raju , na Maldivima gradi karijeru: Vidaković trenerčina, kafa od 100 dinara i tropski raj

Srpski golman u raju , na Maldivima gradi karijeru: Vidaković trenerčina, kafa od 100 dinara i tropski raj
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Malaysia s 2021 crude palm oil exports to surge 24 4% on year: MPOC

New Delhi Malaysia s crude palm oil (CPO) exports are expected to hit 5.5 million mt in 2021, soaring 24.4% from 2020 levels, as Malaysian CPO became more competitively priced after Indonesia revised its export duty structure, Malaysian Palm Oil Council CEO Wan Zawawi Wan Ismail said April 5. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Speaking at a web-based seminar called POINTERS, Ismail said Malaysian CPO production was set for a moderate recovery in 2021, reaching 19.6 million mt from 19.14 million mt in 2020. Malaysia is the second largest producer of palm oil in the world after Indonesia, and exports more than 17 million mt of palm oil a year. In 2020, it exported 12.95 million mt of processed palm oil (PPO) and 4.42 million mt of CPO.

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