Page 13 - Extractor Association News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NEW DELHI, Dec 17: The country’s oilmeal exports declined by 51 per cent to 1.62 lakh tonne in November of this year due to sluggish export of soybean meal, industry body SEA said on Friday. Since India is currently outpriced for soybean meal export as compared with other countries like Brazil and Argentina, the country is unlikely to undertake shipments in the next two-three months, it said in a statement. The country had exported 3.32 lakh tonne of oilmeal in […]

Edible oil prices declined by up to Rs 8-10 per kg in last one month mainly on the back of lower import duties.  

"The icing on the cake is that high mustard seed prices have elicited a massive supply side response from the farmers and they have planted an all-time high mustard crop in about 77.62 lakh hectares. This figure is higher by almost 30 per cent and has the potential of increasing domestic mustard oil availability by 8 to 10 lakh tonnes in coming year," he added. Cooking Oil Prices in India: Edible Oil Prices Down by Rs 8-10 Per Kg in Last 30 Days, May Fall Further, Says Industry.

New Delhi, October 13 (PTI): The government on Wednesday scrapped basic customs duty as well as slashed agri cess on crude varieties of palm, soyabean and sunflower oil till March 2022, a move which will help cool prices and increase domestic availability

The government on Wednesday scrapped basic customs duty as well as slashed agri cess on crude varieties of palm, soyabean and sunflower oil till March 2022, a move which will help cool prices and increase domestic availability in the festive season.