Will Telangana become a major player in oil palm production?
The government aims to bring more farmers into oil palm cultivation and reduce dependency on imported palm oil. With increased irrigation potential and crop diversification efforts, Telangana is poised to become a major player in oil palm production.
Will palm oil biodiesel increase the demand for palm oil?
According to a 2009 study published in the Environmental Science and Policy journal, palm oil biodiesel might increase the demand for palm oil in the future, resulting in the expansion of palm oil production, and therefore an increased supply of food.
Is palm oil sustainable?
Production of palm oil that complies with voluntary sustainability standards is growing at a faster rate than conventional production. Standard-compliant production increased by 110% from 2008 to 2016, while conventional production increased by 2%.
Why is oil palm price rising in Telangana?
Hyderabad: The price of oil palm fresh fruit bunches (FFB) in Telangana has seen a significant increase, reaching Rs.17,043 per tonne. This hike follows the Centre¡¯s recent decision to raise the import duty on non-refined palm oil from 5.5% to 27.5%, the results of which have been welcomed by oil palm farmers as a Dasara bonanza.