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Palm oil imports rise 23% in June on lower global prices

Last Updated: Wednesday, July 15, 2015, 20:46

India's palm oil imports rose by 23 percent to 7,34,358 tonnes in June against the year-ago period on account of lower global prices, Solvent Extractors' Association (SEA) said Wednesday.

Govt hikes import duty on crude & refined edible oil by 5%

Last Updated: Thursday, December 25, 2014, 18:15

The government has hiked import duty on both crude and refined edible oil by 5 percent to protect the interest of domestic farmers and oil processors amid fall in global prices, a move that may lead to rise in retail prices.

Industry seeks CTT exemption on veg oils

Last Updated: Monday, July 22, 2013, 18:13

Vegetable oil industry body SEA has sought that the government keep processed agri-items, especially soybean oil, palm oil and castor oil, out of the ambit of commodity transaction tax (CTT).

Veg oil imports cross 10 million tonnes-mark in 2011-12

Last Updated: Thursday, November 15, 2012, 15:29

India's vegetable oil imports surged by 17 percent crossing 10 million tonnes mark in the 2011-12 marketing year that ended last month on strong domestic demand, industry body SEA said on Thursday.

Veg oil imports up 20% at 72.65 lakh tonne from Nov-Jul

Last Updated: Thursday, August 16, 2012, 16:53

India's import of vegetable oils rose by 20 percent to 72.65 lakh tonne in the first three quarters of the current oil year, latest industry data said.