The central government will procure soyabean at Minimum Support Price in Maharashtra, Karnataka, and Telangana to support farmers. Meanwhil...

The Indian government has extended the reduced import duty on refined soybean oil and refined sunflower oil until March 2025, as a measure ...

In a written reply, Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said that the government is monitoring retail pri...

India, the largest importer of refined oil, has slashed import duty on refined sunflower and soyabean oil to 12.5 per cent with effect from...

"Post reduction of the agri-cess, the import tax gap between CPO and Refined Palm Oil has increased to 8.25%, " it said in a statement. It ...

The letter states that the state government has to now ensure that full benefit of duty reduction made by the centre is passed on to the co...

The govt had reduced the import duty on palm oil by 10% in Nov to control the rising edible oil prices. However, it did not help, as export...

Lower prices would hurt farmers who together meet about a third of the annual consumption demand.

The duty on two major edible oils, namely crude sunflower seed oil is only 25 per cent.

Prices of refined soyabean oil have declined from Rs 73.50 per kg to Rs 63.50 per kg ex-mill without duty.

Prices of groundnut and soyabean oils fell by Rs 50 per quintal at the wholesale oils and oilseeds market today following subdued demand.

Traders said sluggish demand from retailers against adequate stocks position mainly led to decline in soyabean oil prices.

Traders said sluggish demand against adequate stocks position and a weak global trend on concern that demand for the edible oil.

Edible oil prices fell in the oils and oilseeds market during the past week as demand from local parties declined.

Rising prices of cooking oils has forced the consumers to either reduce their consumption or opt for less costly oil.

Edible oil and oilseed prices were down on Monday after reports of good rains triggered bearish sentiment for the standing soyabean crop.

Soyabean futures saw a sharp fall on Tuesday. Prices were expected to be on the lower side.