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CRUDE SUNFLOWER OIL
MCX launches crude sunflower oil futures contractMCX has launched futures contracts on crude sunflower oil to help market participants manage price volatility and exposure to global supply...- MCX launches crude sunflower oil futures contracts to strengthen edible oil price risk managementThe Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options...
- Edible oil prices up due to West Asia crisis, but availability 'adequate': Govt tells ParliamentGlobal and domestic edible oil prices have risen due to the West Asia crisis. Higher crude oil prices and biofuel demand reduced export ava...
- Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
- Russia explores rail link to India to bypass maritime chokepointsRussia is exploring a rail link to India through Central Asia and Iran as an alternative to maritime routes vulnerable to disruptions at th...
- World food prices hit 3-year high in July as weather and war weigh, FAO saysA 3.4% month-on-month rise in the FAO's Cereal Price Index drove the trend, fuelled in turn by a 5.8% jump in wheat prices, the agency sai...
- Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
- India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEAIndia's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by ...
- Refined sunflower oil volumes may fall 10% this fiscal on Middle East disruption: ReportRefined sunflower oil sales in India are projected to drop by 10 percent this fiscal year. This decline stems from Middle East conflict-rel...
- Sunflower oil consumption set to wilt by 10% amid geopolitical heat, says CrisilIndian refined sunflower oil demand is expected to fall about 10% in fiscal 2027 due to supply-chain disruptions from the Middle East confl...
- India's sunflower oil imports halve in February amid West Asia conflict, rising pricesThe Solvent Extractors' Association of India (SEA) said average import price for crude sunflower oil rose 17 per cent to USD 1,420 per tonn...
- Govt slashes import tax on edible oil by 10%To ease domestic prices, the Indian government has reduced the basic import tax on crude edible oils, effective from May 30. This decision ...
- India raises import tax on edible oilsIndia has increased the basic import tax on crude and refined edible oils by 20 percentage points to support local oilseed farmers. This ch...
- India keeps edible oil import duty lower until March 2025, imposes 50% export tax on molassesIndia has extended lower import duty on edible oil by a year until March 2025, extending the lower duty structure on crude palm oil, crude ...
- Refined oil duty cut won't bring down prices: CosThe government's move on Wednesday night to reduce the duty on refined soybean oil and refined sunflower oil to 12.5% from 17.5% will not h...
- Russia-Ukraine crisis impact: India's crude sunflower oil imports fall 23 per cent during February-JuneThe government has also approved a special project of Rs 43.53 crore to the ICAR- Indian Institute of Oilseeds Research, Hyderabad to incre...
- Centre directs states to reduce edible oil pricesThe letter states that the state government has to now ensure that full benefit of duty reduction made by the centre is passed on to the co...
- Govt scraps basic customs duty, cuts agri cess on crude palm, soyabean and sunflower oilThe duty cuts will be effective from October 14 and will remain in force till March 31, 2022, the Central Board of Indirect Taxes and Custo...
- India cuts import taxes on vegetable oils to calm pricesAfter the cuts, crude palm oil, soyoil and sunflower oil imports will be subject to a 24.75% tax in total, including a 2.5% base import dut...
- Higher oil imports, falling seed prices pinch sunflower growersFarmers who have cultivated sunflower last summer to reap its seeds are in a piquant situation. Even as the oilseed harvest is nearly over,...
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