Hong Kong authorities have warned the public against buying mooncakes with high levels of sugar, fat and sodium ahead of the Mid-Autumn festival later this month.
India’s import bill for edible oils this year is expected to increase by 50% due to sizeable shortfall in its own oil seeds production in as a result of El Niño.
A combination of factors is expected to drive demand growth in the vegetable oils market over the next few years, with demand from the food sector being led by a number of emerging economies, most prominently in the Asia-Pacific region.
Australasian food processing major Goodman Fieldr has inked an agreement to sell Integro, its commercial oils business, to a consortium comprising of GrainCorp and Gardner Smith.
Archers Daniels Midland (ADM) is tapping into a growing edible oil demand in India through its acquisition of two oilseed processing facilities in India, the company said.
