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SOYBEAN IMPORTS
- Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources sayIndian customs officials are currently examining a notable uptick in soybean imports, which are purportedly sourced from Niger. Authorities...
Double trouble at the dinner table: When will food prices normalise for Indians?India’s food inflation: Food prices are rising unevenly, impacting household budgets, while inflation is projected to persist in upcoming m...- Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- The biggest jump in global crop prices since 2022 threatens to boost inflationGlobal agricultural prices have jumped notably due to growing tensions in the Black Sea affecting supply routes, coupled with adverse weath...
- India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...
- Pest resistance is forcing India’s crop-protection firms to rethink product strategies: Insecticides India MDResistance to chemicals and formulations is an evolving challenge, particularly in crops where the same pest pressures persist over multipl...
- Pulses import duties may ease over poor rainsAt present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...
- Agriculture sector binds India-Argentina partnershipArgentine Ambassador Mariano Caucino highlighted the growing economic relationship between Argentina and India during a summit in Mumbai. A...
- China factory activity returns to growth in September as AI boom supports industryChina's manufacturing sector showed signs of recovery with a manufacturing purchasing managers' index of 50.1 in September. This marks an i...
- Donald Trump and Xi Jinping's 'stalemate' summit was a glitzy gift to ChinaUS President Trump's recent meeting with Xi Jinping aimed to strengthen their personal relationship, but limited progress was achieved. Bot...
- India left more exposed to Trump's 100% oil threat as China gets tariff breatherIndia could find itself more exposed to US tariff pressure over Russian oil after Washington and Beijing extended their Busan trade truce u...
- Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
- 'Busan Agreement' explained: What the US-China trade truce means for world tradeUS Treasury Secretary Scott Bessent announced the extension of the Busan Agreement until January 10, 2027. This extension allows both sides...
- Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
- Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
- Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
- Maharashtra drought deepens, crop output crisis mountsState agriculture minister Dattatray Bharane has confirmed a large contraction in the production of cotton and soybean, while the agricultu...
- In 1931, Henry Ford began investing in soybean research; 10 years later, he unveiled a plastic-bodied car that never reached mass productionHenry Ford explored using soybeans for industrial materials, leading to an experimental plastic car. This lightweight vehicle featured 14 m...
- Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
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