Decline in edible oil prices amid global market weakness
4 days, 6 hours ago

Decline in edible oil prices amid global market weakness

India TV News  

In a week marked by a downturn in global markets, all major edible oil and oilseed prices saw a decline, continuing the negative trend. Price trends in edible oils In the reviewed week, the prices of mustard seeds saw a drop of Rs 125 per quintal, closing at Rs 6,525–Rs 6,575 per quintal. Soybean seeds and soybean loose oil also registered a decline of Rs 25 per quintal, closing at Rs 4,300–Rs 4,350 and Rs 4,000–Rs 4,100 per quintal, respectively. Groundnut oil prices also saw a decline, with the price of groundnut oil in Gujarat falling by Rs 400 to Rs 14,000 per quintal. Crude palm oil prices dropped by Rs 350 to Rs 12,900 per quintal, while palmolein oil in Delhi decreased by Rs 450, closing at Rs 14,000 per quintal.

Market Oil Prices Price Doc Oils Soybean Quintal Groundnut Groundnut Oilcake Oil Mills  weakness  amid  soybean  rs  price  oil  saw  prices  edible  groundnut  quintal  decline  market  global  oils

History of this topic

Palm oil needs an image overhaul: It’ll be good for India
3 weeks ago

Palm oil needs an image overhaul: It’ll be good for India

Live Mint  

Brands are omnipresent in our lives, from our kitchen shelves and closets to the gadgets held in our hands and what’s sitting in our garages. In Malaysia, a major exporter, palm-oil corporations have taken action towards sustainable farming, with 83% of palm oil refining capacities operating under a ‘No Deforestation, Peat and Exploitation’ commitment. In 2023-24, India imported approximately ₹80,000 …

Mint Explainer: How rising palm oil prices impact India and its consumers
3 weeks, 6 days ago

Mint Explainer: How rising palm oil prices impact India and its consumers

Live Mint  

Investors were left reeling this week as Godrej Consumer Products issued a stark warning: soaring palm oil prices have severely impacted its soaps segment, a cornerstone of its business. This policy change came as global palm oil prices were already climbing due to supply constraints in Southeast Asia, creating a perfect storm for manufacturers. Read this | Edible oil, tea, …

Edible oil import up 39 pc in Nov on higher shipment of crude sunflower, soyabean oils: SEA
3 weeks, 6 days ago

Edible oil import up 39 pc in Nov on higher shipment of crude sunflower, soyabean oils: SEA

Live Mint  

New Delhi, Dec 12 India's edible oil import rose 38.5 per cent to 15.9 lakh tonne in November mainly due to sharp jump in shipments of crude sunflower oil and crude soyabean oil, according to industry data. As per the data, import of vegetable oils during November, the first month of the 2024-25 oil marketing year, rose 40 per cent …

India’s veg oil imports seen lower in 2024-25, industry group says
2 months ago

India’s veg oil imports seen lower in 2024-25, industry group says

Live Mint  

India's vegetable oil imports are estimated to decline further in the 2024-25 season to 15 million metric tons, as favourable weather will likely boost domestic production, an industry group said. India, the world's biggest vegetable oils importer, is estimated to have imported 16 million tons in the 2023-24 season that ended in October, said B V Mehta, executive director of …

Crude Oil Prices Fall: Asian Paints, Kansai Gain Up To 5% But ONGC, Oil India Shares Fall
4 months ago

Crude Oil Prices Fall: Asian Paints, Kansai Gain Up To 5% But ONGC, Oil India Shares Fall

News 18  

A continued decline in Brent crude prices has come as a blessing for oil marketing companies and paint manufacturers, while at the same time, dented sentiment for oil refiners. On the bourses, Asian Paints, Berger Paints India, Shalimar Paints, Kansai Nerolac Paints, Indigo Paints, and Akzo Nobel India gained in the range of 1 per cent to 5 per cent …

India's July edible oil imports to surge to record on robust palm buying, sources say
5 months, 2 weeks ago

India's July edible oil imports to surge to record on robust palm buying, sources say

Hindustan Times  

By Rajendra Jadhav India's July edible oil imports to surge to record on robust palm buying, sources say MUMBAI, - India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import duties, industry and government sources told Reuters. Edible oil …

World food prices hold firm in June, UN's FAO reports
6 months ago

World food prices hold firm in June, UN's FAO reports

Hindustan Times  

The United Nations world food price index held steady in June data showed on Friday, with increases in vegetable oil, sugar and dairy products offset by a fall in the price of cereals. The FAO index hit a three-year low in February as food prices receded from a record peak set in March 2022 following Russia's invasion of Ukraine. Cereal …

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl
9 months, 2 weeks ago

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl

Live Mint  

Oil prices declined on Thursday, March 21, pressured by weaker US gasoline demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. US West Texas Intermediate futures for May were down 69 cents, or 0.9 per cent, to $80.58 per barrel after a fall of about 1.8 per cent in the previous session, according …

India to allow edible oil imports at lower duty until March 2025
11 months, 3 weeks ago

India to allow edible oil imports at lower duty until March 2025

The Hindu  

India will extend the import of edible oil at a lower duty by another year until March 2025, the Government said in a notification issued late on January 15 as the world's biggest importer of vegetable oil moves to limit local prices. The lower import duty structure on crude palm oil, crude sunflower oil and crude soyoil was set to …

Oil prices slump 4% after OPEC+ postpones output policy meeting to November 30; Brent drops to $79/bbl
1 year, 1 month ago

Oil prices slump 4% after OPEC+ postpones output policy meeting to November 30; Brent drops to $79/bbl

Live Mint  

Oil prices plunged 4 per cent on Wednesday, November 22, after the Organisation of Petroleum Exporting Countries and it allies unexpectedly delayed the policy meeting on output planned for Sunday, raising questions about the future course of crude production cuts. {{^adFree}} {{/adFree}} Back home, on the Multi Commodity Exchange, crude oil futures due for a December 18 expiry, was last …

Supply of wheat, rice, sugar and edible oils adequate; not to see upswing in prices in festival season, says Food Secretary
1 year, 3 months ago

Supply of wheat, rice, sugar and edible oils adequate; not to see upswing in prices in festival season, says Food Secretary

The Hindu  

Retail prices of key essential food items, especially wheat, rice, sugar, and edible oil prices, are unlikely to see any sharp upswing in the upcoming festival season as the country has adequate supply and the government is keeping a close vigil on hoarders, Food Secretary Sanjeev Chopra said on September 14. "So my analysis is that in the next upcoming …

Vegetable prices likely to cool down next month, says Finance Ministry
1 year, 4 months ago

Vegetable prices likely to cool down next month, says Finance Ministry

The Hindu  

The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices is a concern even though it is still within the tolerable zone of $90 a barrel, a Finance Ministry official said. To a question on whether the government is concerned about the recent surge …

Global food prices rise after Russia ends grain deal and India restricts rice exports
1 year, 5 months ago

Global food prices rise after Russia ends grain deal and India restricts rice exports

LA Times  

A farmer works in a rice paddy in June on the outskirts of Guwahati, India. Global prices for food commodities including rice and vegetable oil have risen for the first time in months after Russia pulled out of a wartime agreement allowing Ukraine to ship grain to the world, and India restricted some of its rice exports, the U.N. Food …

Global food prices rise after Russia ends grain deal and India restricts rice exports
1 year, 5 months ago

Global food prices rise after Russia ends grain deal and India restricts rice exports

Associated Press  

LONDON — Global prices for food commodities like rice and vegetable oil have risen for the first time in months after Russia pulled out of a wartime agreement allowing Ukraine to ship grain to the world, and India restricted some of its rice exports, the U.N. Food and Agriculture Organization said Friday. The FAO Food Price Index, which tracks monthly …

Eye on oil: on oil prices and India
1 year, 7 months ago

Eye on oil: on oil prices and India

The Hindu  

The world’s largest grouping of crude oil producers, commonly known as OPEC+, agreed on Sunday to extend ongoing production cuts into 2024 as it seeks to keep oil prices from falling amid concerns about a global economic slowdown. OPEC major and leading producer Saudi Arabia also voluntarily vowed to reduce output by an extra 1 million barrels per day in …

Govt. asks industry to cut edible oils MRP by ₹8-12 per litre as global prices drop
1 year, 7 months ago

Govt. asks industry to cut edible oils MRP by ₹8-12 per litre as global prices drop

The Hindu  

The Centre on Friday directed edible oil associations to further reduce the maximum retail price of major edible oils by ₹8-12 per litre with immediate effect, in line with the global market. Industry representatives including Solvent Extraction Association of India and Indian Vegetable Oil Producers' Association were present in the second meeting convened within a month to discuss further reduction …

Oil prices fall after Russia plays down on additional OPEC+ cuts; details here
1 year, 7 months ago

Oil prices fall after Russia plays down on additional OPEC+ cuts; details here

Live Mint  

Oil prices fell on May 25 after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting next week. "The obvious reading is that the Kingdom may either unilaterally cut oil production or orchestrate a wider OPEC+ reduction.thereby supporting prices and stinging speculators that are shorting oil," according to analysts at bank …

Why OPEC's crude oil production cut is bad news for India
1 year, 9 months ago

Why OPEC's crude oil production cut is bad news for India

India Today  

The surprise cut in crude oil production by the Organization of Petroleum Exporting Countries on April 2 has shocked commodity markets worldwide, with Brent crude prices climbing $5 a barrel. OPEC’s decision to cut 1.16 million barrels of oil per day to shore up prices has put the world economy, which is already looming under the threat of a recession, …

Why Petrol, Diesel Prices Won't Fall in India Despite Cheaper Crude Oil?
1 year, 9 months ago

Why Petrol, Diesel Prices Won't Fall in India Despite Cheaper Crude Oil?

News 18  

Even as crude oil prices have fallen significantly following the bank collapses in the US, including Silicon Valley Bank and Signature Bank, the prices of petrol and diesel are unlikely to come down in India. According to a CNBC-TV18 report quoting sources, prices of petrol and diesel in India are unlikely to be reduced anytime soon as oil marketing companies …

India's palm oil imports could jump to 4-year high on lower prices
1 year, 10 months ago

India's palm oil imports could jump to 4-year high on lower prices

The Hindu  

India’s palm oil imports could jump 16% in 2022/23 to a four-year high of 9.17 million tonnes, as consumption is set to jump after two years of contraction due to COVID-led lockdowns, a senior industry official told Reuters on Tuesday. India’s palm oil imports in the first four months of the 2022/23 marketing year that started on Nov. 1 jumped …

India’s palm oil imports could jump to 4-year high on lower prices
1 year, 10 months ago

India’s palm oil imports could jump to 4-year high on lower prices

Live Mint  

India's palm oil imports could jump 16% in 2022/23 to a four-year high of 9.17 million tonnes, as consumption is set to jump after two years of contraction due to COVID-led lockdowns, a senior industry official told Reuters on Tuesday. Higher purchases by the world's biggest importer of vegetable oils could lend further support to palm oil futures, which are …

Top palm oil buyer India’s Jan imports fall to six-month low
1 year, 11 months ago

Top palm oil buyer India’s Jan imports fall to six-month low

Live Mint  

India's January palm oil imports fell 31% from a month ago to their lowest in months as a narrowing discount to rival oils prompted refiners to increase purchases of soybean and sunflower oils, five dealers told Reuters on Thursday. India's palm oil imports fell to 770,000 tonnes last month, the lowest since July 2022, according to the average of the …

Why dipping oil price may not mean cheaper fuel
2 years ago

Why dipping oil price may not mean cheaper fuel

Live Mint  

New Delhi: Oil prices that shot up after Russia invaded Ukraine in March plunged as low as $76.1 early December, bringing cheer for the economy. Crude oil prices which touched rock-bottom when the covid pandemic broke out in 2020 have gained steadily since then, as the world made progress in the battle against the coronavirus. With the global economy slowing …

Prices Of Edible Oil Fall In India Due To Slump In International Market
2 years, 1 month ago

Prices Of Edible Oil Fall In India Due To Slump In International Market

News 18  

The prices of mustard, groundnut, soybean oil-oilseeds, cottonseed, crude palm oil, and palmolein oil fell in India following a slump in the global markets. The cost of mustard seeds decreased by Rs 175 close to Rs 7,300-7,350 per quintal as compared to Friday’s closing price. In comparison, Pakki Ghani and Kachi Ghani oil declined by Rs 90 to Rs 2,250 …

Palm surges nearly 6% on higher soyoil prices, strong India demand
2 years, 3 months ago

Palm surges nearly 6% on higher soyoil prices, strong India demand

Live Mint  

Malaysian palm oil futures rose nearly 6% on Tuesday, tracking gains in rival soyoil on bleak forecast for US soybean harvest, while strong demand from key buyer India provided an added boost. India's palm oil imports in August jumped 87% from a month ago to the highest level in 11 months as a sharp drop in prices prompted refiners to …

Oil prices fall on rate hike fears, demand concerns
2 years, 3 months ago

Oil prices fall on rate hike fears, demand concerns

Live Mint  

NEW DELHI: Global crude oil prices fell in early deals on Monday in anticipation of interest rate hikes by the US Federal Reserve and European Central Bank to tame rising inflation. Ravindra Rao, head of commodity research at Kotak Securities, said, “NYMEX crude trades over 1% lower weighed down by demand concerns amid China’s virus spread. Crude may remain volatile …

Data | Why petrol prices in India have remained unchanged despite falling crude oil costs
2 years, 4 months ago

Data | Why petrol prices in India have remained unchanged despite falling crude oil costs

The Hindu  

In the past 100 days, retail petrol prices have remained unchanged at the pump, whereas the crude prices have reduced by around $20/barrel. Between November 2021 and March 2022, despite international crude prices skyrocketing, the retail prices remained unchanged owing to the Assembly Elections in five States. Crude mismatch Between November 2021 and March 2022, retail petrol prices did not …

India’s palm oil imports fall as soyoil imports jumps record 125% high in July
2 years, 4 months ago

India’s palm oil imports fall as soyoil imports jumps record 125% high in July

Live Mint  

India's palm oil imports in July fell 10% from a month ago, as refiners ramped up purchases of rival soyoil to take advantage of New Delhi's move to allow duty-free imports of the vegetable oil to calm all-time high prices, a trade body said on Friday. Higher soyoil purchases by the world's biggest edible oil importer will support U.S. soyoil …

Relief to refiners: Crude oil import price falls below $100 in Aug 1st week
2 years, 5 months ago

Relief to refiners: Crude oil import price falls below $100 in Aug 1st week

Hindustan Times  

India’s average crude oil import price in the first week of August fell below $100 at $99.75 a barrel for the first time after it spiked sharply in the month of March after the Ukraine war, and peaked at $116.01 in June. The three state-run firms that control over 90% domestic fuel trade have suspended their daily pricing policy and …

Cooking oil prices to go down by Rs 15? All you need to know
2 years, 5 months ago

Cooking oil prices to go down by Rs 15? All you need to know

India Today  

The centre has asked trade bodies to reduce edible oil prices by Rs 15 per litre immediately because prices in the world market have fallen sharply, the government said in a statement, as per a Reuters report. Last week, the food ministry called a meeting of cooking oil industry bodies and manufacturers to deliberate on reduction in the retail prices …

Cooking oil to get cheaper? All you need to know
2 years, 6 months ago

Cooking oil to get cheaper? All you need to know

India Today  

Cooking oil may get cheaper in coming days as retail prices are expected to come down. The food ministry called a meeting of cooking oil industry bodies and manufacturers to deliberate on reduction in the retail prices of cooking oils as there has been a fall in global prices. Higher purchases by India, the world's biggest importer of vegetable oils, …

India’s July palm oil imports may surge to 10-month high as prices plunge
2 years, 6 months ago

India’s July palm oil imports may surge to 10-month high as prices plunge

Live Mint  

India's palm oil imports in July are set to jump to the highest in 10 months because of a hefty correction in prices and as Indonesia allows more exports of the tropical oil, four dealers told Reuters. Higher purchases by India, the world's biggest importer of vegetable oils, may add support for Malaysian palm oil prices, which are trading near …

Cooking Oil Becomes Cheaper by up to Rs 20/Litre on Import Duty Reduction; Key Details
2 years, 6 months ago

Cooking Oil Becomes Cheaper by up to Rs 20/Litre on Import Duty Reduction; Key Details

News 18  

The prices of domestic cooking and edible oils have started to cool off by as much as Rs 10 to 20 per litre after having surged during last year and the beginning of this year. This reduction in oil prices comes in the at a time when the central government reducing the import duties on edible oils, hence making them …

Will Milk, Soap, Shampoo Prices Come Down After Edible Oil Price Cut? What FMCG Makers Say
2 years, 6 months ago

Will Milk, Soap, Shampoo Prices Come Down After Edible Oil Price Cut? What FMCG Makers Say

News 18  

Though the edible oil prices have come down as the import duties on them have been cut by the government, fast-moving consumer goods companies said they will not cut prices but instead will reduce the pace of price increases, according to a media report. The branded edible oil makers are reducing the prices on the oil, including palm oil, as …

Edible Oil Prices Drop; Know Why Rates Are Cooling Off
2 years, 6 months ago

Edible Oil Prices Drop; Know Why Rates Are Cooling Off

News 18  

After rising in the past few month due to lower production of oilseeds and higher manufacturing and logistics costs, the edible oil prices have started cooling off as branded manufacturers are cutting the rates. The new base import price of crude palm oil now stands at $1,620 per tonne as against $1,625 per tonne. Similarly, RBD palm oil and RBD …

Indian Crude Oil Basket Hits 10-Year High of $121 Per Barrel; Petrol, Diesel Prices Unchanged
2 years, 6 months ago

Indian Crude Oil Basket Hits 10-Year High of $121 Per Barrel; Petrol, Diesel Prices Unchanged

News 18  

New Delhi: The basket of crude oil that India buys has hit a decade high of USD 121 per barrel, but retail selling prices of petrol and diesel continue to remain frozen. As per the PPAC, the Indian basket of crude oil averaged USD 111.86 per barrel between February 25 and March 29 – the immediate period after Russia’s invasion …

Data | Import-reliant India’s edible oil prices skyrocket, average costs near ₹200/litre
2 years, 7 months ago

Data | Import-reliant India’s edible oil prices skyrocket, average costs near ₹200/litre

The Hindu  

In a bid to tame the soaring prices of edible oils, the Central government on Tuesday has allowed duty-free import of 20 lakh tonnes of crude soyabean and crude sunflower oil for the current and next fiscal year. The local prices of edible oil are vulnerable to changes in international markets given India’s high reliance on imports. The price of …

Duty-Free Import Of Edible Oils: Will Cooking Oil Prices Come Down For Consumers? Know Details
2 years, 7 months ago

Duty-Free Import Of Edible Oils: Will Cooking Oil Prices Come Down For Consumers? Know Details

News 18  

Amid the prevailing high level of inflation in the country, the government and the Reserve Bank of India have been taking several steps to tame the pace of price rise. As part of this, the Centre has also allowed duty-free import of 20 lakh tonnes of crude soyabean and sunflower oil to cool edible oil prices. Here’s what the measure …

India's palm oil imports could hit 11-yr low as soyoil rises
2 years, 7 months ago

India's palm oil imports could hit 11-yr low as soyoil rises

The Hindu  

India's palm oil imports could drop by nearly a fifth as now cheaper soyoil takes more market share, following Indonesia's curbs on palm oil exports and New Delhi allowing duty-free imports of soyoil, dealers said. Palm oil imports by the world's biggest vegetable-oil importer in its marketing year ending on October 31 will fall 19% to 6.7 million tonnes, the …

India’s palm oil imports could fall to 11-yr low
2 years, 7 months ago

India’s palm oil imports could fall to 11-yr low

Live Mint  

India's palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more market share because of Indonesia's curbs on palm oil exports and New Delhi's move to allow duty-free imports of soyoil, dealers said. Lower palm oil purchases by the world's biggest vegetable oil importer could put pressure on Malaysian palm oil prices …

Cooking Oil Price to Come Down as Indonesia Lifts Ban on Palm Oil Export? Know Here
2 years, 7 months ago

Cooking Oil Price to Come Down as Indonesia Lifts Ban on Palm Oil Export? Know Here

News 18  

After almost a month of announcing a ban on palm oil exports, the Indonesia government has lifted the restriction effective Monday. Indonesia last month announced the ban on the export of palm oil with effect from April 28, in the wake of a severe shortage and skyrocketing prices of edible oil in the Southeast Asian nation. India imports over 13.5 …

Can Brazil and Argentina satiate India’s food oil hunger?
2 years, 7 months ago

Can Brazil and Argentina satiate India’s food oil hunger?

Al Jazeera  

After the war disrupted Ukrainian supplies and Indonesia banned palm oil exports, India looked at new markets for its needs. Between November and March, India bought 45 percent more soybean oil than last year from the two biggest exporters of the commodity, according to data from the Solvent Extractors Association of India, an industry body. “Argentina has emerged as one …

Breads, Biscuits, Rotis May Get Costlier As Flour Prices High, Govt Scheme Not Announced Yet
2 years, 7 months ago

Breads, Biscuits, Rotis May Get Costlier As Flour Prices High, Govt Scheme Not Announced Yet

News 18  

Breads, biscuits and rotis are likely to see a rise in prices from next month on high wheat flour prices and as the open market sale scheme for wheat for the current year has not been announced yet. Wheat flour’s all-India average retail price stood at Rs 32.78 per kg on Saturday, 9.15 per cent higher than the price a …

Central panel to keep track of essentials as prices soar
2 years, 8 months ago

Central panel to keep track of essentials as prices soar

Hindustan Times  

New Delhi: The Union government has formed an inter-ministerial committee to monitor domestic prices, shipments and availability of agri commodities, especially edible oil, as higher fertiliser and global commodity rates have sent domestic food prices soaring, an official said, requesting anonymity. Edible oil prices have remained elevated due to global supply disruptions and have knocked household budgets. Pradeep S Mehta, …

Food prices call for vigilance
2 years, 8 months ago

Food prices call for vigilance

Hindustan Times  

The past few weeks have seen a growing uncertainty about the amount of wheat the government will be able to procure this year. In regions where procurement has traditionally been high, market prices have surged beyond Minimum Support Price levels, encouraging farmers to sell to private traders rather than the government. Data from the Food Corporation of India shows that …

Palm oil price to spike in India as Indonesia’s export ban leaves global buyers in limbo
2 years, 8 months ago

Palm oil price to spike in India as Indonesia’s export ban leaves global buyers in limbo

The Hindu  

Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia's surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia's invasion of Ukraine. The move by the world's biggest palm oil producer to ban exports from Thursday will lift prices of all major edible …

Soaps, Shampoos, Noodles, Edible Oil Prices May Rise Further as Indonesia Bans Palm Oil Export
2 years, 8 months ago

Soaps, Shampoos, Noodles, Edible Oil Prices May Rise Further as Indonesia Bans Palm Oil Export

News 18  

Following Indonesia’s ban on palm oil export, the prices of edible oil and packaged goods in India are likely to see a jump amid its lower availability in the country. After Indonesia’s ban, domestic edible oil prices are likely to jump 10-15 per cent in the short term, according to an FE report quoting industry officials. The move by the …

‘Hurting the vulnerable’: Indonesia’s palm oil ban ignites prices
2 years, 8 months ago

‘Hurting the vulnerable’: Indonesia’s palm oil ban ignites prices

Al Jazeera  

Ban on palm oil exports adds to global food security fears amid poor harvests and the war in Ukraine. Medan, Indonesia – Indonesia’s ban on palm oil exports is sending soaring cooking oil prices even higher worldwide, exacerbating global food security fears amid adverse weather and the war in Ukraine. “Indonesia is a leading producer of palm oil and its …

Edible Oil Prices to Hike Further as Indonesia Bans Export of Palm Oil; Know Details
2 years, 8 months ago

Edible Oil Prices to Hike Further as Indonesia Bans Export of Palm Oil; Know Details

News 18  

The price of edible oil in India is likely to shoot up as Indonesia recently announced a ban on export of palm oil owing to local shortage. For India, a halt in palm oil supply from Indonesia would mean a loss of about 4 million tonne of the edible oil each month, as per Mint. “Experts said that India’s sunflower …

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