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India to allow duty free imports of sunoil, soyoil until June India on Thursday clarified that duty-free imports of soyoil and sunflower oil shipped before March 31 would be allowed until the end of June, after hundreds of thousands of cargoes were stuck at ports over confusion over import rules. Earlier this year, the world's biggest importer of vegetable oils scrapped a duty-free imports quota of 2 million tonnes of crude sunflower oil and soyoil for the this fiscal started on April 1. But the move stuck cargoes of around 90,000 tonnes at In...
India to allow duty free imports of sunoil, soyoil until June
India to allow duty free imports of sunoil, soyoil until June
Source: Reuters
11/05/2023 10:47:11 AM
India`s December palm oil imports fall 2.8%, vegoil up 1.3% m/m  India's palm oil imports in December fell about 2.8% from the previous month to 1.11 million tonnes, while vegetable oil imports rose about 1.3% to 1.57 million tonnes, a trade body said on Thursday. Imports of soyoil gained 10.1% to 252,525 tonnes while sunflower oil imports jumped 23% to 194,009 tonnes, a release said.
India`s December palm oil imports fall 2.8%, vegoil up 1.3% m/m
India`s December palm oil imports fall 2.8%, vegoil up 1.3% m/m
Source: Reuters
12/01/2023 3:15:36 PM
India cuts base import prices of crude palm oil, gold MUMBAI  - India has reduced the base import prices of crude palm oil, soyoil, gold and silver, the government said late on Wednesday. The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India, the world's biggest edible oils importer, last month allowed duty-free imports of 2 million tonnes of soyoil. Commodity New price in $ Old price in $ Crude palm oi...
India cuts base import prices of crude palm oil, gold
India cuts base import prices of crude palm oil, gold
Source: Reuters
15/06/2022 9:21:23 PM
India's palm oil imports could hit 11-yr low as soyoil rises MUMBAI - India's palm oil imports could drop by nearly a fifth as now cheaper soyoil takes more market share, following Indonesia's curbs on palm oil exports and New Delhi allowing duty-free imports of soyoil, dealers said. Palm oil imports by the world's biggest vegetable oil importer in its marketing year ending on Oct. 31 will fall 19% to 6.7 million tonnes, the lowest since 2010/11, according to the average forecast from five dealers. Soyoil imports could jump 57% to a r...
India's palm oil imports could hit 11-yr low as soyoil rises
India's palm oil imports could hit 11-yr low as soyoil rises
Source: Reuters
25/05/2022 6:57:20 PM
India May palm oil imports nearly doubles, soyoil jumps - trade body MUMBAI  - India's palm oil imports nearly doubled in May from last year's low base to the highest level in 4-months as refiners bought aggressively to replenish inventory, a leading trade body said in a statement on Monday. The country's palm oil imports in the month jumped 92% to 769,602 tonnes, while soyoil purchases rose by 43% to 267,781 tonnes, the Solvent Extractors’ Association of India (SEA) said in a statement. India's sunflower oil imports rose 31% t...
India May palm oil imports nearly doubles, soyoil jumps - trade body
India May palm oil imports nearly doubles, soyoil jumps - trade body
Source: Reuters
14/06/2021 4:02:22 PM