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DAVISH JAIN
SOPA seeks rollback of customs duty exemption on edible oilsThe fall in soybean prices has sent a very negative signal to soybean farmers, at a peak sowing time for Kharif Oilseeds. If the current fa...- SOPA urges NCDEX to increase soybean futures margin to curb excessive speculationA media release issued by SOPA on Monday said "The contract is no longer a price discovery and hedging tool. The soy processing and even th...
- Soyabean up 15% on high demandHigh prices will hurt export of soyabean meal that is used in livestock and poultry feed industry.
- Low supplies, demand by oil mills may raise soya pricesHowever, prices on the NCDEX for January delivery are 3 per cent lower than those a year ago.
- Soyabean prices up about 7% as MP scheme ends tomorrowSoyabean traded firm across major markets in the country with a 1-3 per cent rise on Wednesday.
- Soya output: Industry, govt not on same pageSOPA estimates 2017-18 production at 91.5 lakh tonnes below govt's estimate of 122 lakh tonnes.
- Processors demand rise in duty on edible oilPrices of refined soyabean oil have declined from Rs 73.50 per kg to Rs 63.50 per kg ex-mill without duty.
- Edible oil producers worried over 5% GSTOilseeds will attract 5% tax under GST, unlike most other agricultural produce.
- More premium sunflower oil now becomes cheaper than soyabean oil"This is uncommon. Sunflower oil has always been more expensive than the soyabean oil," said Davish Jain, president, Soyabean Processors As...
- Bumper harvest brings down soya pricesAs per industry estimates, India can export 3-4 million tonnes of soymeal this year compared to just 0.4 million tonnes last year.
- SOPA to send five-member delegation to promote soybean export to Asian nationsThe SOPA delegation will be led by its chairman Davish Jain and will be visiting five countries—Thailand, Philippines, Vietnam, Indonesia a...
- Sowing for kharif season improves with pickup of monsoonKharif sowings have been low this year because of deficient rains. As on June 24, sowing was completed on 11.7% of the area generally under...
- Madhya Pradesh offers VAT exemption on soy meal, soy milkJain said his association has also sought exemption of 1% entry tax on soy bean and reduction of ‘mandi’ tax to 1%.
- Soyameal exports dip 92% to touch all time low of 7,707 tonnesSoyameal exports touched an all time low of 7,707 tonnes in January this year, due to higher bean prices in the domestic market.
- SOPA pitches for 30% hike in import duty on edible oilsIndustry body SOPA has requested the Government to increase the customs duty on crude and refined edible oils by another 30 per cent, a ste...
- Oil processors, US body join hands to promote soya foodsThe US Soyabean Export Council (USSEC) has joined hands with the Soya Oil Processors Association (SOPA) of India to make Indians consume mo...
- Soyabean cultivation drops 9% to 100 lakh hectares"There is a possibility that area under soybean this year will remain between 100 to 110 lakh hectares," said Davish Jain, chairman, SOPA.
- FY15 soybean meal exports at 6.46 lakh tonnes, down 77.25 per centExports of soybean meal during March 2015 were 46,670 tonnes compared to 2,32,176 tonnes in March 2014, showing a decline of 80%.
- Soyameal exports slip 59 per cent to 1.94 lakh tonnes in DecemberSoyameal exports fell by 59 per cent to 1.94 lakh tonnes in December against 4.70 lakh tonnes in the same month a year ago, according to in...
- ‘Exporting nations reap gains of oil duty cut’The Central Organisation for oil Industry and Trade (COOIT), an apex body of vegetable oil and oilseed sector, has written to the finance m...
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