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Commodities market likely to surge if Russia-Ukraine standoff intensifies

Business Line - 1/24/2022 7:53:00 AM
West reacts strongly with sanctions that target key Russian industries, this (sanctions) could have a far-reaching impact on the commodities complex. It would affect more than the commodity flows that go through or originate from Ukraine,

India’s dependence on imported cooking oil to continue

Al Jazeera English - 1/24/2022 9:02:00 AM
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production. Consumption is expected to climb in India by as much as 17% over the next four years,

High Food Prices Dash India’s Hopes to Curb Cooking Oil Imports

BloombergQuint - 1/23/2022 1:09:00 PM
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production. Consumption is expected to climb in India by as much as 17% over the next four years,

Edible oil prices decline from Rs 5 to 20 per kg in major retail markets

The News Today - 1/12/2022 4:07:00 AM
India is one of the largest importer of edible oils as its domestic production is unable to meet its domestic demand. Continue Reading →

India's addiction to expensive cooking oil imports seen lasting for 15 yrs

Business Standard - 1/24/2022 6:19:00 AM
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production. Consumption is expected to climb in India by as much as 17% over the next four years,

India’s addiction to cooking oil imports seen lasting for at least 15 more years

ThePrint - 1/24/2022 2:05:00 AM
India will likely produce about 10 million tonnes of edible oils in 2021-22, compared with local consumption of as much as 23 million tonnes.

Govt says retail edible oil prices show declining trend from Oct 2021 after intervention

moneycontrol.com - 1/11/2022 6:04:00 PM
"Despite international commodity prices being high ... import duty on crude palm oil (CPO), crude soyabean oil and crude sunflower oil was reduced sharply. Besides, the government has also ...

Edible oil prices dip significantly from Rs5-20 per kg in major retail markets, Adani Wilmar and Ruchi Soya cuts prices steeply

India Infoline - 1/12/2022 9:57:00 AM
Crude Soyabean Oil and Crude Sunflower Oil will be 5.5% each. The ministry said that despite international commodity prices being high, interventions made by Central Government along with State ...

High food prices dash India’s hopes to curb cooking oil Imports

Mint - 1/23/2022 5:50:00 AM
Farmers have typically focused on growing cotton and staples like rice, wheat and sugar, partly because the government sets price floors ... soybean and sunflower oil. Increasing domestic palm ...

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