Vegetable Oil Import

India's palm oil imports in December jumped 94% from a year earlier to a record high for the month as palm oil's higher discount to rival vegetable oils led refiners to raise purchases

India imports more than two-thirds of its edible oil needs and has been struggling to contain a rally in local oil prices over the last few months

Claims that GM mustard will lead to increased yield are incorrect; we must focus on other solutions

India's palm oil imports in September jumped about 18% from the previous month to 1.17 million tonnes, while vegetable oil imports rose about 17% to 1.64 million tonnes, a trade body said on Thursday.

RBD palmolein now constitute 12% of total imports of edible oils against 2% last year

Telangana is targeting 2 million additional acres under oil palm cultivation in the next four years, and is going to great lengths to achieve this goal

Policy support can increase edible oil production

MUMBAI (Reuters) -India has cut base import taxes on palm oil, soyoil and sunflower oil, according to a government notification, as the world's biggest vegetable oil buyer tries to cool near-record price rises.

India has cut base import taxes on palm oil, soyoil and sunflower oil, a government order showed, as the world's biggest vegetable oil buyer tries to cool near-record price rises

In 2019-20, India's palm oil imports fell 23.3% to 7.22 million tonnes

Next year, domestic production is likely to increase on hope of good rabi oilseeds crop, limiting the need for imports

During November 2018 to July 2019 period, the overall import of vegetable oils went up 5 per cent to 112.8 lakh tonne against 107.6 lakh tonne in the corresponding period of the previous year

The rising share of vegetable oil import from neighbouring countries which are not known to produce any has irked edible oil producers.Over the past two months, soft oil (soybean, sunflower and rapeseed/mustard) is being imported in large quantity from Bangladesh, Sri Lanka, Nepal and Bhutan at zero duty under the South Asian Free Trade Area (Ssfta). This is in contrast to the traditional import of palm oil (crude palm oil or CPO and refined oil or RBD) directly from Indonesia and Malaysia.Domestic producers say this is a breach of the rules on origin which mandates 30 per cent of value addition under the Safta agreement. They have met officials in the Union finance ministry with a request to put edible oil and vanaspati in the negative or barred list of such import."Cheap import of refined oils and vanaspati from Ssfta member countries are resulting in distorted domestic refined oil prices, leading to pressure on crop prices and in turn hurting farmers' income. The government also ...