INDIA PALM OIL CONSUMPTION
Consumer sentiment largely stable, rural demand improving: Marico MD Saugata Gupta
Marico Managing Director Saugata Gupta said growth of listed firms alone doesn’t reflect the complete picture of India’s consumption landscape, noting that broader demand remained stable in the March quarter with signs of rural recovery.
Growth of listed companies alone does not provide a comprehensive picture of consumption trends: Marico MD Saugata Gupta
Marico reports stable consumption trends, boosted by rural demand. Unlisted companies show better performance. Top MNCs see India as a growth driver. Marico's revenue increased by 20%. They anticipate improved growth with moderating inflation and a good monsoon. The company's food business has grown significantly. Initiatives are underway to support trade partners and expand direct reach.
Tariff Turbulence: The ripple effects of Trump's trade policies on Indian exports
The US imposed tariffs on Indian imports, starting with 10% on April 5, 2025, escalating to 26% before a 90-day suspension on specific tariffs from April 10. As India and the US negotiate a trade deal, Indian exporters, particularly in sectors like machinery, pharmaceuticals, and textiles, face potential financial impacts.
Marico Q4 results: Cons PAT jumps 8% YoY to Rs 343 crore, revenue up 20%
Marico reported an 8% YoY increase in Q4 consolidated net profit, reaching Rs 343 crore, with revenue up 20% to Rs 2,730 crore. The company announced a final dividend of Rs 7 per share, bringing the total dividend for FY25 to Rs 10.50. While EBITDA rose, margins contracted due to higher input costs, offset by strategic A&P investments.
India's April palm oil imports drop 24%, remain below normal levels, dealers say
India's palm oil imports saw a dip in April. This decline is due to palm oil's higher price compared to soyoil. Consequently, soyoil purchases increased. Overall edible oil imports also decreased. However, palm oil is now cheaper than soyoil. This shift may lead to increased palm oil purchases in May. Nepal's edible oil imports also experienced a decrease in April.
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Petrol sales rise 4.6 per cent, diesel 4 per cent
Aviation turbine fuel (ATF) sales expanded 3.2% and LPG 6.7%. The sales trend in April significantly varied from March when petrol sales had grown 5.7% year-on-year, diesel by 0.9%, ATF by 5.7% and LPG by 4.2%.
Indian Oil agrees to five-year LNG deal with Trafigura, sources say
India’s biggest refiner, Indian Oil Corporation, has agreed to a five-year deal to import liquefied natural gas (LNG) from global trading firm Trafigura, according to three trade sources on Wednesday. The price for the LNG will be linked to the U.S. Henry Hub benchmark.
Trade tensions to hit India oil consumption: World Bank
The World Bank forecasts that India's oil consumption will be negatively affected by escalating trade tensions. Globally, oil consumption growth is expected to slow significantly in 2025 and 2026. Despite falling global commodity prices, India's coal consumption is projected to rise, driven by government policy and the limited role of renewable energy in meeting electricity needs.
AWL Agri Business ups sales forecast on delivery boom, easing food prices
AWL Agri Business, formerly Adani Wilmar, anticipates sales volume growth exceeding 10% in fiscal 2026, driven by booming 10-minute delivery platforms and easing food prices. CEO Angshu Mallick expects edible oil sales to rise by 7%-10% this fiscal year. The company plans to expand its direct store reach by 12%-15%, serving nearly 1 million outlets.
Buoyant equities help boost rupee, technical resistance limits gains
The Indian rupee logged its best day in more than two weeks on Monday, aided by likely portfolio inflows into local equities while a key technical resistance near its year-to-date peak limited the currency's rally.
Global giants P&G to PepsiCo look to India for growth while small rivals speed ahead
Global giants are eyeing India for growth amid challenges in developed markets. Companies like P&G and PepsiCo see steady consumption in India. Government incentives and lower inflation are boosting growth. Small and regional players are also gaining market share. High inflation and cost of living pose challenges. Companies are mindful of regional competition. Low inflation can also help small brands.
India-US trade deal: PM Modi will never compromise interests of our farmers, says Suresh Prabhu
Trade policies and the interventions should be managed with precision to safeguard the interests of both farmers and consumers, says Suresh Prabhu.
Eating 300 grams of chicken in a week can give you cancer! Here's what the new study has found
A recent study warns that consuming 300 grams of chicken weekly may elevate the risk of gastrointestinal cancer. The research involved over 4,000 participants monitored for 19 years. Findings revealed a 27% higher mortality risk for those consuming over 300 grams of poultry weekly. Men face a doubled risk of gastrointestinal cancer mortality.
Coconuts get pricier as poor weather drives global shortage
This shortage impacts consumers and businesses, particularly in Asia, where coconut is a staple ingredient. Alternatives are being suggested, but many argue that they cannot replicate the unique flavor of fresh coconut.
Edible oil industry body demands hike in import duty of refined palm oil to protect local industry
Solvent Extractors' Association of India (SEA) urges the government to increase import duty on refined palm oil. They want the duty to go up to 40 percent. This move aims to safeguard local processing industries. SEA highlights the disadvantage faced due to cheaper refined palmolein imports. They say exporting countries encourage this by imposing high duties on crude palm oil.
Reckitt Benckiser's rare reflection: India a big growth driver
Reckitt Benckiser's CEO, Kris Licht, highlighted India as a key growth driver, anticipating sustained strong volume growth alongside China. The company's success is fueled by strong organic performance in germ protection (Dettol) and intimate wellness (Durex). Reckitt's strategic alignment with India's public health goals has deepened market penetration.
First half of FY26 to be better than previous 6 months, gross margin to moderate further: HUL
Hindustan Unilever anticipates a stronger first half of FY26 compared to the latter half of FY25, projecting low single-digit price growth, according to CFO Ritesh Tiwari. While gross margins may moderate due to commodity inflation, HUL remains committed to value pricing.
India Inc revenue growth to remain flat, profitability to widen in Q4: Crisil
India Inc's revenue growth will remain flat at about 5-6 per cent in the March quarter, but profitability will widen, a domestic rating agency said on Thursday.
India cuts LNG buying as other fuels become more attractive
Indian energy importers, including Gail India and Indian Oil Corp, are increasingly turning to cheaper oil products like naphtha and propane due to elevated LNG prices caused by outages at export plants. This shift, resulting in lower LNG imports, frees up supply for other Asian and European buyers.
India starts raising palm oil buying as prices fall below soyoil
After a five-month slowdown, India is increasing its palm oil purchases due to a price correction that has made it cheaper than soyoil. Refiners are replenishing inventories, which will likely support Malaysian palm oil futures. Imports are expected to rise above 500,000 tons in May and potentially exceed 700,000 tons monthly from July to September as stocks have depleted.
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Palm oil demand is anticipated to rise from major buyers like China and India due to its competitive pricing compared to rival vegetable oils. While Malaysian palm oil prices have decreased this year, they are expected to remain supported. China aims to replenish inventories, while India seeks to capitalize on lower prices to rebuild its stock.
Where to find alpha in consumption stocks in FY26? Amnish Aggarwal explains
Amnish Aggarwal anticipates improved consumption in FY26, driven by rural growth, tax cuts, and cooling inflation. While hyper-competition and quick commerce impact the urban landscape, food sector growth remains promising but fragmented. Companies like Britannia and ITC, previously affected by high raw material costs, may see margin stability, though widespread margin expansion is unlikely.
Russian oil drives OPEC share in India's imports to record low, data shows
India's oil imports saw a significant shift in fiscal year 2024-25, with OPEC's share hitting a record low as Russian oil imports surged. Russia became India's top oil supplier for the third consecutive year, accounting for 36% of imports due to discounted prices.
Russian oil drives OPEC share in India's imports to record low, data shows
India's oil imports saw a shift in fiscal year 2024-25, with OPEC's share hitting a record low as Russian oil imports surged. Refiners favored discounted Russian crude, making Russia the top supplier for the third consecutive year. Consequently, imports from Saudi Arabia and Iraq declined significantly due to pricing and geopolitical factors.
FMCG cart likely to stay light in March quarter too
The FMCG sector anticipates another subdued quarter due to persistent weak urban demand and elevated input costs. While rural demand shows slight improvement, overall consumption remains tepid. Companies like HUL face flat volume growth, while ITC expects moderate cigarette volume increase. Varun Beverages projects strong revenue growth, but Britannia's profitability may be affected by high commodity costs.
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