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CRUDE SOYOIL
Indian edible oil buyers move to secure prompt shipments as prices surgeIndian buyers are seeking prompt vegetable oil shipments. Rising prices and freight rates, coupled with Middle East conflict concerns, are ...- Nepal's soyoil exports to India jump tenfold on duty free accessNepal's soybean oil exports to India saw a massive jump in 2025. Duty-free access allowed Nepal to send record amounts of refined oil to In...
- India's soyoil imports set for record high, palm oil at five-year lowIndia's soyoil imports are projected to surge by 60% in 2024/25, reaching a record high due to its competitive pricing compared to palm oil...
- 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 starts raising palm oil buying as prices fall below soyoilAfter a five-month slowdown, India is increasing its palm oil purchases due to a price correction that has made it cheaper than soyoil. Ref...
- 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's sunoil imports to falter as Red Sea attacks lift freight costsIndia's sunflower oil imports are set to decline as prices rally due to increased freight rates. Buyers are shifting to rival vegetable oil...
- India extends import duty reduction for edible oils to March 2025India has extended the lower import tax rates on edible oils, including crude palm oil, crude sunflower oil, and crude soyoil, until March ...
- India scraps 2023/24 duty-free import quota on sunflower oilThe move could lead to higher imports of palm oil, which was earlier attracting taxes even as imports of sunflower oil and soyoil were allo...
- India to halt duty free soyoil imports from April 1New Delhi in May 2022 allowed duty free imports of 2 million tonnes of soyoil in 2022/23 and had initially planned another 2 million tonnes...
- Top palm oil buyer India's November imports jump 29% to 1.14 million T: DealersHigher imports by India, the world's biggest palm oil buyer, would help top producer Indonesia cut its inventories and support benchmark Ma...
- India's September palm oil imports jump to 1-yr high of 1.2 million T-dealersGreater buying could help top producer Indonesia cut swelling inventories and support benchmark Malaysian palm oil prices, which have nearl...
- India's August palm oil imports jump 87% m/m to 11-month highHigher palm oil purchases by the world's biggest vegetable oil importer could support palm oil futures and help top producer Indonesia in b...
- India cuts base import price of palm oil; raises soyoil priceThe government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount ...
- India's palm oil imports could fall to 11-year lowIndia's palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more market share because of Indonesi...
- Palm oil becomes costliest vegoil as Ukraine war halts sunoil supplyPalm oil's record premium over rival oils could squeeze price-sensitive Asian and African consumers already reeling from spiralling fuel an...
- India makes record US soyoil purchases as drought parches South America"Indian buyers have bought US soyoil vessels. Prices were attractive and supplies were not enough in South America," said the India head of...
- Prices of cooking oils, except mustard oil, fall on reduction in import duties: GovernmentAfter the duty reduction (with effect from September 11) on imported edible oils, domestic retail prices have reduced in the range of 0.22 ...
- 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...
- Palm rises on U.S. crude, soyoil gainsMalaysian crude palm oil futures rose as much as 2.4 percent on Thursday on the back of crude and soyoil rallies, but gave up some gains by...
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