International Journal of Social Science & Economic Research
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Title:
PALM OIL CRISES AND ITS EFFECT ON INDIAN MARKET AND COMPANIES

Authors:
Samarth Agrawal

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Samarth Agrawal
K. R. Mangalam World School

MLA 8
Agrawal, Samarth. "PALM OIL CRISES AND ITS EFFECT ON INDIAN MARKET AND COMPANIES." Int. j. of Social Science and Economic Research, vol. 8, no. 8, Aug. 2023, pp. 2200-2203, doi.org/10.46609/IJSSER.2023.v08i08.008. Accessed Aug. 2023.
APA 6
Agrawal, S. (2023, August). PALM OIL CRISES AND ITS EFFECT ON INDIAN MARKET AND COMPANIES. Int. j. of Social Science and Economic Research, 8(8), 2200-2203. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i08.008
Chicago
Agrawal, Samarth. "PALM OIL CRISES AND ITS EFFECT ON INDIAN MARKET AND COMPANIES." Int. j. of Social Science and Economic Research 8, no. 8 (August 2023), 2200-2203. Accessed August, 2023. https://doi.org/10.46609/IJSSER.2023.v08i08.008.

References

[1]. CNBC–https://www.cnbctv18.com/business/companies/fmcg-stocks-down-as-indonesia-tightens-palm-oil-exports-from-january-1-15544291.htm/amp
[2]. Livemint-https://www.livemint.com/market/mark-to-market/margins-of-fmcg-cos-to-remain-on-the-edge/amp-11650908647010.html
[3]. https://www.business-standard.com/amp/podcast/current-affairs/how-much-should-india-worry-over-indonesian-palm-oil-export-ban-122042900082_1.html
[4]. https://www.outlookindia.com/business/edible-oil-price-cut-how-crash-in-edible-oil-prices-will-impact-consumers-fmcg-companies-inflation-in-india-news-207565
[5]. The economic times- https://m.economictimes.com/markets/stocks/news/indonesia-palm-oil-export-ban-dents-fmcg-stocks-oil-companies-rally/amp_articleshow/91064018.cms

ABSTRACT:
The passage discusses the ban on palm oil exports by Indonesia and its impact on the Indian FMCG (Fast Moving Consumer Goods) sector. The ban caused a shortage of palm oil globally, leading to increased prices. Indian FMCG companies experienced a decline in stock prices, while cooking oil refiners benefited from the ban. The shortage of palm oil affected the input costs of FMCG products, resulting in price increases. The ban created an opportunity for Indian refiners to process crude palm oil. Overall, the passage highlights the interconnectedness of geopolitics, economics, and the stock market in shaping the palm oil industry.

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