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SOPA CHAIRMAN
SOPA seeks 10% hike in edible oil import duty to support farmersThe Soybean Processors Association of India (SOPA) has appealed to the government to increase import duties on edible oils by at least 10% ...- 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...
- Soybean oil trade urges Sebi to ban futures trade, says heavy speculation hurtsIt said that in the past week, soybean and soy oil prices have risen sharply, because of which farmers have stopped bringing their produce ...
- India increases import duties on edible oils as domestic prices of Oilseeds plunged below MSPAs the prices of all oilseeds fell below MSP and a sense of deep distress and despondency was setting in the minds of the farmers.
- 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...
- 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.
- After onions and pulses, soyabean prices to be high soonIt seems that speculators are ruling the roost in the second year of Modi government. After onions and pulses, speculation has now hit soya...
- 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.
- Processors looking for ways to fight out speculation in soybean pricesDavish Jain, chairman of the association said that these factors put together have resulted in heavy negative margins in soybean crushing.
- 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...
- Government hikes import duty on crude & refined edible oil by 5 per centThe country imports about 60 per cent of the annual domestic demand of vegetable oils (comprising edible and non-edible oils) of about 19 m...
- NBOT takes a fresh shot at demutualisationNBOT, a major futures market for edible oils, is making a fresh attempt at demutualisation by selling equity to trading members and financi...
- NBOT to go for demutualisationThe Indore-based National Board of Trade is making a fresh attempt at demutualisation by selling equity to trading members and financial in...
- FMC panel to probe charges against NBOTCommodity market regulator Forward Markets Commission on Thursday said it has already set up a committee to probe the alleged irregularitie...
- Traders cry foul over NBoT demutualisationA bitter wrangle has broken out over the demutualisation of the commodity exchange National Board of Trade (NBoT) with soyabean processors ...
- Company chief booked for threatening industrialistRuchi Soya Industries chief Kailash Sahara was booked on Sunday for allegedly beating and threatening a fellow industrialist.
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