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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   


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Govt exempts wholesalers, big retailers from stock limit on edible oil, oilseeds

The removal of wholesalers and big chain retailers from the stock limit order would allow the…

ANI   


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Edible oil price slash will bring back rural consumers who downtraded to unpacked products

Indian consumers, especially in rural areas, have been buying and using less of edible oil after it…

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3 mins read

Adani Wilmar cuts Fortune oil’s price for the second time, by ₹20

Fortune Oil’s Soyabean Oil, Sunflower Oil, Mustard Oil, Rice Bran Oil will get cheaper by up to ₹5…

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It’s not just crude, gold, silver and even wheat and edible oil prices are going down

A Russia-Ukraine war that came right after the Covid-19 pandemic has pushed commodity prices to diz…

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3 mins read

Cooking oil prices drop - soaps, noodles and detergents might follow suit

$NIFTYFMCG.NSE Sector One of the Strongest Sector out of all the Sectors Sector Currently in Cons…

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5 mins read

Adani Wilmar’s Angshu Mallick on edible oil prices, rural consumption patterns and outlook for Q2FY23

FMCG major Adani Wilmar announced its quarterly results recently. Its earnings reflect how rural co…

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After fuel, government moves to reduce the price of edible oil by ₹15/litre

In view of the international prices of imported edible oils seeing a downward trend, the Centre has…

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3 mins read

Cooking oils are getting cheaper but healthier options are as pricier as they were

Indian consumers are switching to unhealthy oils as healthier options keep getting costlier due to …

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3 mins read

Adani Wilmar revenue rockets fuelled by boiling edible oil prices

Adani Wilmar has capitalised on the prices of edible oils being on a boil due to the ongoing Russia…

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No festival cheer ahead for Fortune Oil’s rural sales, says Adani Wilmar CEO

“Demand in the first quarter has not grown. It has actually shrunk because of the very high pric…

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3 mins read

Parachute oil maker Marico’s net profit rises 20% in Q4 to ₹302 crore

Parachute and Saffola oil maker Marico on Friday reported a 20% year-on-year net profit growth at ₹…

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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   


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Huileng Tan   


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Avenue Supermarts: Many roadblocks to clear on its growth runway

The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …

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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, …

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1 min read

Govt cuts import duty on refined soybean & sunflower oils to 12.5%

The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent f…

PTI   


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4 mins read

Fortune oil maker Adani Wilmar is looking to acquire southern players in edible oil, FMCG industry

Fast moving consumer goods (FMCG) company Adani Wilmar, known for edible oil 'Fortune', is looking …

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4 mins read

Soap Opera: FMCG players kick off price war to bring back what’s lost

After facing the onslaught of smaller and regional players in the last quarter, FMCG majors are on …

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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…