To ease domestic prices, the Indian government has reduced the basic import tax on crude edible oils, effective from May 30. This decision ...

After 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 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 sunflower oil imports are set to decline as prices rally due to increased freight rates. Buyers are shifting to rival vegetable oil...

India has extended the lower import tax rates on edible oils, including crude palm oil, crude sunflower oil, and crude soyoil, until March ...

The move could lead to higher imports of palm oil, which was earlier attracting taxes even as imports of sunflower oil and soyoil were allo...

New 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...

Higher imports by India, the world's biggest palm oil buyer, would help top producer Indonesia cut its inventories and support benchmark Ma...

Greater buying could help top producer Indonesia cut swelling inventories and support benchmark Malaysian palm oil prices, which have nearl...

Higher palm oil purchases by the world's biggest vegetable oil importer could support palm oil futures and help top producer Indonesia in b...

The 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 19% to the lowest level in 11-years as soyoil, now cheaper, takes more market share because of Indonesi...

Palm oil's record premium over rival oils could squeeze price-sensitive Asian and African consumers already reeling from spiralling fuel an...

"Indian buyers have bought US soyoil vessels. Prices were attractive and supplies were not enough in South America," said the India head of...

After the duty reduction (with effect from September 11) on imported edible oils, domestic retail prices have reduced in the range of 0.22 ...

After 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...

Malaysian 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...