Financials & Economy

Industry sources attribute the decline primarily to ample inventories in Indian ports and warehouses, which hold over 1.2 million tonnes of edible oils, reducing the urgency for fresh imports.

Fourth Milling Co. said this growth was primarily driven by a 16.6% increase in flour sales volumes, which offset a decline in feed and bran revenues.

This robust top-line growth was driven by volume expansion and strength in the edible oils and industry essentials segments.

Kellanova’s 2025 third-quarter results show modest revenue growth, offset by a dip in earnings, driven by a mix of category growth and cost challenges.

Despite this progress, the output remains insufficient to meet the country’s burgeoning domestic demand for palm oil, underscoring a persistent supply-demand imbalance.