Friday, January 18, 2019

Oils and Fats RSS
- Soybean meal, value-added soy product export for ’18-19 Q1 6.74 lakh MT
Wednesday, January 16, 2019
Our Bureau, New Delhi
The export of soybean meal and other value-added soy products during the first quarter of the current oil year 2018-19 (i.e., between October 2018 and December 2018) was 6.74 lakh MT as against 6.90 lakh tonne during the same period last year declined by 2.3 per cent over the last year.
- Import of vegetable oils in Dec ’18 up by 11 per cent vis-a-vis Dec ’17
Wednesday, January 16, 2019
Our Bureau, New Delhi
The import of vegetable oils during December 2018 is reported at 12,11,164 tonne compared to 10,88,783 tonne in December 2017, consisting of 11,45,794 tonne of edible oils and 65,370 tonne of non-edible oils, i. e., up by 11 per cent.
- Proteins major Avril acquires lecithin and phospholipid specialist Lecico
Thursday, January 10, 2019
Avril, a known name in oilseeds and proteins sectors, has announced the acquisition of Lecico, a German company specialised in lecithins and phospholipids. The group is thus further structuring and developing its lecithins and specialty ingredients activities.
- Oils impure; Need refining to make them safer, says Prasad at ICF meet
Thursday, January 10, 2019
Our Bureau, Mumbai
The oil obtained either from expellers or solvent extraction plant contains some impurities which adversely affect the safety, flavour, odour and appearance of oil and are required to be removed for making them edible. After refining, oils will become more safe, palatable and stable against rancidity upon storage.
- Duty difference on Malay palm oil halved; Not applicable to Indonesia
Thursday, January 3, 2019
Our Bureau, New Delhi
The notification issued recently by the Government of India, which stated that the duty difference on palmolein imported from Malaysia will be halved from 10 per cent to five per cent.
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