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Buy Refined Soy oil, CPO on pullback: Geofin Comtrade

25-08-2015| Source:Moneycontrol.com

Geofin Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Refined Soy oil, CPO on pullback and to sell Chana on dips in its research report

Buy Jeera on dips, Mentha oil above Rs 958: Geofin Comtrade

21-08-2015| Source:Moneycontrol.com

Geofin Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Jeera, Refined Soy oil on dip, Mentha oil above Rs 958 in its research report dated

Iran asks India to clear $6.5 bn oil dues in 2 months

20-08-2015| Source:PTI

The dues to Iran on crude oil that refiners buy have accumulated as Western sanctions blocked payment routes since 2013. About 45 percent of the oil import bill is paid in rupees in a Uco Bank branch

India's thirst for petrol supports Asian margins

19-08-2015| Source:Reuters

India has surplus refining capacity, but there has been maintenance at some plants and petrol demand has risen after a cut in diesel subsidies increased the attractiveness of petrol cars.

SOPA pitches for 30% hike in import duty on edible oils

18-08-2015| Source:PTI

The last increase of customs duty on refined and crude edible oils was by 5 percent in December, 2014. At present, the duty on import of crude oil is 7.5 percent and on refined, it is 15 percent.

Modi to bet $1.5 billion on palm oil plan as imports surge

18-08-2015| Source:Reuters

Modi is targeting India's USD 10 billion import bill for edible oils, its third-highest overseas spend after oil and gold, and has already been considering buying oilseeds directly from farmers

Ruchi Soya Q1 net rises to Rs 1.57 crore

18-08-2015| Source:PTI

The manufacturer and marketer of edible oils and some other products recorded an increase of 2.18 per cent in net sales in Q1, from Rs 5725.46 crore to Rs 5,850.37 crore.

SEA demands hike in import duty on crude, edible oils

17-08-2015| Source:PTI

the alarming increase in import of edible oils seriously hurting the domestic farmers and the vegetable oil refiners."

BPCL Q1 net rises 95% to Rs 2376 cr; GRMs grow to $8.55/bbl

14-08-2015| Source:Moneycontrol.com

The oil marketing company (OMC) saw a strong gross refining margins (GRMs) in the quarter. Its GRMs were at USD 8.55 per barrel versus USD 3.38 per barrel year-on-year.

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