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edible oil: Edible oil prices unlikely to rise during festive season: FMCG cos

Executives of leading FMCG companies in India have stated that prices of edible oils are unlikely to increase during the upcoming festive season due to good international supply. However, there may be a price hike from December to April-May next year as the impact of El Nino in oil-producing countries is felt.

El ninoAngshu mallickAdani wilmarIndia meteorological departmentExtractors associationSolvent extractorsEdible oilSolvent extractors associationFmcg cos

Vegetable oil July imports up 46% to 1 7 mn tn due to palm oil shipments

Vegetable oil July imports up 46% to 1 7 mn tn due to palm oil shipments
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Extractors associationSolvent extractors association

India s July vegetable oil imports up 46%

According to the Solvent Extractors Association (SEA), edible oil imports rose 46 per cent to 17.55 lakh tonnes during July this year, when compared to 12.05 lakh tonnes in the year-ago period.

Extractors associationSolvent extractors associationVegetable oil

India s July vegetable oil imports up 46% | The Financial Express

India s July vegetable oil imports up 46% | The Financial Express
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Extractors associationSolvent extractors association

No rise seen in consumer staples prices

Angshu Mallick, MD of Adani Wilmar, said "Prices of non-basmati rice may fall by another 3% in coming weeks. Tur dal (pigeon pea) prices, which have gone up by 2-3%, will not see a further upswing as the government has decided to import it to keep prices under check. For the next two months, we do not see much rise in prices of these kitchen essentials."

Ajay jhunjhunwalaAdani wilmarTirupati agritradeAngshu mallickExtractors associationAtul gargWest bengalSolvent extractors associationKitchen essentialsNon basmati riceConsumer staples pricesConsumer staplesGrm overseas

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