-Livemint.com Global cooking oil prices have surged this year following Russia's invasion of Ukraine, which hit shipments of sunflower oil from the region. The Black Sea accounts for 76% of world sunflower oil exports. NEW DELHI: Domestic edible oil prices, already high, are set for a surge as Indonesia, the world's largest producer of palm oil, will ban exports from 28 April. Indonesia, too, has been battling high edible oil prices amid domestic...
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Indonesia ban on palm oil exports starting April 28 rattles Indian markets -Sanjeeb Mukherjee
-Business Standard/ Agencies The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to...
More »IPCC report: Clap for Kolkata’s public transport -Jayanta Basu
-Down to Earth The city's inadequate drainage system results in frequent flooding, it says Kolkata in West Bengal has something to cheer about: Its much-criticised public transport system got an elaborate mention in the third instalment of the sixth assessment report by the Intergovernmental Panel for Climate Change (IPCC). The most significant report on the global climate crisis referred to the city’s public transport network as an “illustrative case study” to showcase integrated...
More »Telangana farmers pushed to suicide after pest attack destroys chilli crop -Shagun
-Down to Earth There has been no announcement on compensation to farmers who have lost their crops Twenty farmers have died by suicide since January 2022 in Telangana’s Mahabubad district after insect infestation destroyed their chilli crop, a ground survey by the Human Rights Forum (HRF) and Rythu Swarajya Vedika (RSV) has claimed. Five suicides have also been reported in Khammam district. Thrips parvispinus, an invasive pest from Indonesia, has spread rapidly, especially...
More »Cooking oil prices spike in India due to Russia-Ukraine crisis -B Krishna Mohan
-TelanganaToday.com Hyderabad: Prices of cooking oil are on an upwards spiral and have gained up to Rs 25 more per litre. The trade segments attribute the increase in prices to the tightening supplies of sunflower and safflower oils, both called as sun oils, to the Russia-Ukraine war. Also, palm oil imports are getting costlier due to the internal trade restrictions of Indonesia, the biggest producer of palm oil. On the other hand,...
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