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CRUDE SUNFLOWER OIL
South America to ramp up India outreach despite geographyIn an era of growing diplomatic relations, South American countries are increasingly turning to India, with Argentina leading the charge by...- World food prices slip in May, still near three-year high, FAO saysGlobal food prices edge lower in May as FAO forecasts a 2% decline in world cereal production for 2026-27.
- Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...
- India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- Edible oil imports in March rise 12% to 11.73 lakh tonne: SEAIndia's edible oil imports saw a 12 percent jump in March. This increase was driven by more crude palm oil shipments. However, future impor...
- 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...
- Commerce ministry notifies norms for allocation of TRQ for crude soybean, sunflower oilsTRQ is a quota for a volume of imports that will enter India at specified or nil duty, but after the quota is reached, the normal tariff ap...
- Supply disruption by Russia-Ukraine conflict could shorten supply of Sunflower oilFor the record, refined sunflower oil constitutes ~10% of India’s consumption of 230-240 lakh tonne of edible oils (all types) annually. Th...
- 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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