In the past fortnight, crude palm oil prices have shot up to $1,110 per tonne from $1,040 per tonne. Similarly, soybean oil prices have gone up to $1,270 per tonne from $1,190 per tonne.
from Agriculture-Economy-News-Economic Times https://ift.tt/3ccIvHW
The Food Ministry will soon move a Cabinet note seeking extension of the sugar buffer stock subsidy scheme for next year, Food Secretary Sudhanshu Pandey said on Friday. from Agriculture-Economy-News-Economic Times https://ift.tt/3klRYQr
The govt on Thursday banned exports of onion seeds with immediate effect. Earlier, the export of onion seeds was in the restricted category, which means an exporter was required to obtain a licence or permission from the government for shipments. from Agriculture-Economy-News-Economic Times https://ift.tt/3oF5vob
For edible oils, the limit would be three tonnes for retailers and 50 tonnes for wholesaler and it would be applicable until the year end, an official statement said. Oilseed processors could hold stocks up to 90 days of their daily production capacity. from Agriculture-Economy-News-Economic Times https://ift.tt/dflviPY
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