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2 mins read
India's vegetable oils import up 16% in 2022-23 oil year
India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…
PTI
1 min read
India's vegetable oil imports fall 28% in January says industry body SEA
he country's vegetable oil imports declined by 28 per cent to 12 lakh tonnes in January from a year…
PTI
2 mins read
Adani Wilmar shares surge as Russia declares war on Ukraine, threatening India’s sunflower oil imports
Adani Wilmar shares surged over 4% on the back of the Russia Ukraine crisis spilling into a war, th…
3 mins read
All you need to know about Russia-Ukraine crisis’ impact on Indian kitchens, pharma sector, crude oil prices and more
The Russia-Ukraine crisis is expected to have a notable impact on the Indian economy, and more so, …
3 mins read
Biscuits, ghee and hair oil to get cheaper after government duty cut — but after three months
The Indian government’s decision to allow duty-free import of crude soybean oil and sunflower oil, …
2 mins read
Ukraine minister calls for immediate Russian energy embargo to make it harder for Putin to fund his military
President Joe Biden announced in early March the US would ban Russian energy imports. Meanwhile, th…
Sam Tabahriti
1 min read
A vegetable oil export terminal at a major Ukraine port is 'on fire' following Russian missile strike
The terminal, owned by major agricultural trader Viterra, exports up to 1.5 million tons of vegetab…
Hannah Towey
1 min read
Palm oil prices reverse as world cooking-oil leader Indonesia reportedly will still allow some exports after surprise ban
After a surprise ban on palm oil exports sent prices soaring, prices later fell on news that Indone…
Phil Rosen
1 min read
Supermarkets are limiting the amount of cooking oil people can buy as the Ukraine war leads to shortages and surging prices
Supermarket chains across the world are limiting how many bottles of cooking oil shoppers can buy a…
Jyoti Mann
3 mins read
Expect your household budget to go up sharply as prices of essential items shoot up
The inflation crisis in the country may get worse because of a shortage of supply from countries li…
1 min read
India's edible oil imports at 5.64 million tonnes during November-March, up by 8% YoY
India's total edible oil imports during November to March were at 5.64 million tonne, up nearly 8 p…
1 min read
President Biden wore a blue and yellow tie to announce a ban on Russian oil and gas imports
Biden announced the ban on Russian oil while wearing a blue and yellow striped tie in what may have…
Talia Lakritz
3 mins read
Ukraine's relentless targeting of the Black Sea Fleet has disrupted Russia's efforts to block a key export
Heightened tensions in the Black Sea come two months after Russia pulled out of a UN-brokered deal …
Erin Snodgrass
2 mins read
Russia is using missiles designed for high-value targets like warships and airfields to hit Ukraine's grain exports, UK says
Russia is "using its most valuable weaponry to target Ukrainian agriculture and hurt global food ma…
Sinéad Baker
2 mins read
Indonesia, the world's top cooking-oil exporter, says it's going to ban exports of the oil this week, and it's sent the global prices of edible oils soaring
Indonesia accounts for about half of the world's supply of palm oil — the world's most widely…
Huileng Tan
7 mins read
EXPLAINER: How did Russia-Ukraine war trigger a food crisis?
"The burden is being shouldered by the very poor," one expert said. "That's a humanitarian crisis, …
Associated Press
3 mins read
Indonesia, the world's biggest palm-oil exporter, is facing a shortage of cooking oil and it's going to affect the price of everything from cheese to candy bars
"As the world's biggest producer of palm oil, it is ironic that we are experiencing a shortage of c…
Huileng Tan
2 mins read
Germany is facing a major beer bottle shortage, which has led to breweries begging drinkers to return empty ones, report says
The Ukraine war has increased the overall demand for glass products in Germany, while rising energy…
Abby Wallace
2 mins read
Putin says he'll open up grain and fertilizer exports if the West agrees to lift sanctions
British foreign minister Liz Truss slammed the suggestion, saying Putin is "weaponising hunger and …
Huileng Tan
2 mins read
Russia says it would let ships carrying food exports leave Ukraine if some sanctions were lifted
Ukrainian ports in the Black Sea have been blocked since Russia's invasion, causing more than 20 mi…