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REFINED PALMOLIEN
Import duty cut on crude edible oils will protect local processors: Industry bodiesThe government has reduced the basic custom duty on crude palm, soyabean, and sunflower oils to 10%, a move lauded by SEA and IVPA. This de...- India sees 25% fall in vegetable oils import in Nov: SEAIndia's vegetable oil imports fell by 25% to 11.60 lakh tonnes in November 2023, compared to 15.45 lakh tonnes in the previous year, accord...
- FMCG companies make pack sizes bigger as inflation coolsFast-moving consumer goods (FMCG) firms that reduced pack sizes last year in an attempt to absorb rising costs are putting back grammage as...
- Edible oil prices fall up to 29 per cent since last yearIn a written reply, Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said that the government is monitoring retail pri...
- Budget neglected edible oil security of the country: Cooking oil industryThe cooking oil industry is disappointed as the budget did not accept the demand of the industry to launch a National Mission on Edible Oil...
- What agri commodity market is expecting from Union Budget 2023Now that the ban on seven agri-commodity futures contracts in India is more than a year, it is becoming difficult for the market participan...
- SEA wants Centre to restrict import of refined palm oils to save local refining industryIn December 2021, the government reduced import duty on RBD palmolein and RBD palm oils by 5.5 per cent to check prices of edible oils in t...
- Government slashes import duty on refined palm oil to 12.5% to cool retail pricesOn Monday late evening, the Central Board of Indirect Taxes and Customs (CBIC) issued a notification which "seeks to reduce BCD on refined ...
- Edible oil import jumps 63 pc in September to record 16.98 lakh tonnes on record palm oil shipment: SEAIndia lifted restrictions on imports of refined palm oil and lowered base import taxes on palm oil, soyoil and sunflower oil in recent mont...
- Edible oil industry body SEA urges government to allow import of only crude palm oilSEA, in a statement, said the association in the meeting discussed in detail about the scope of the industry and suggested a few actionable...
- As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEAThe Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to...
- Don't allow zero-duty palm oil imports from Nepal: Trade bodyThe Solvent Extractors Association of India (SEA) has made a representation in this regard to Commerce Minister Piyush Goyal. According to ...
- Reducing palm oil duty a death knell for India's refining industry: Solvent Extractors' Association of IndiaThe Centre, in a notification last night, reduced the duty difference between CPO and palmolien from 10% to 5% on palmolien to be imported ...
- Vegetable oils import rises 27% in April: SEAAs on May 1, edible oils stock at various ports is estimated at 4.65 lakh tonne, of which CPO was 2.3 lakh tonne.
- Ruchi Soya races ahead in bid for SweekarAgri business major Ruchi Soya has emerged as the frontrunner in the bid for Sweekar, a Rs 100-odd-crore edible oil brand, put on the block...
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