Tag: Oil imports
oil imports: Soyabean oil imports hit seasonal high in August amid fall in local soyabean prices below MSP
India‘s crude soyabean oil imports reached a seasonal high of 4,54,639 tonnes in August, even as local soyabean prices have dropped below the minimum support…
vegetable oil imports: Govt said to raise import taxes on vegetable oils to help farmers
India is considering raising import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday. The…
India’s July edible oil imports to surge to record on robust palm buying, sources say
India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead…
India’s merchandise import jump in May signals stable local economy: Economists
A sequential increase in merchandise imports in May that led to the trade deficit widening to a five-month high signalled a stable local economy, economists…
indian oil import duty: India cuts base import duty on refined soyabean oil, sunflower oil by 5%
The Government of India slashed its basic import duty on refined soyabean oil and sunflower oil to 12.5 per cent from an earlier 17.5 per…