Search For "soybean oil"
India to import more soybean oil, reduce tariffs on fruits; dairy sector u
Updated : 2 months, 2 weeks ago IST
Speaking to ANI, Sachdev said that India intended to increase imports, which could impact local pricing and production, and that tariff reductions on American produce would mean more competition for domestic growers but more variety for Indian consumers.
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Duty reduction on crude edible oils beneficial for both refiners, consumer
Updated : 11 months, 1 week ago IST
On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm Oil (CPO), Crude Soybean Oil, and Crude Sunflower Oil -- lowering it from 20 per cent to 10 per cent.
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Industry body urges Centre to allow futures trading in crude palm, soybean
Updated : 1 year, 6 months ago IST
Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and crude soybean oil.
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MP: CM Mohan Yadav expresses gratitude to PM Modi for taking decision in i
Updated : 1 year, 8 months ago IST
Speaking to ANI, CM Yadav said, "I would like to thank PM Modi on behalf of the state government that he took another decision to increase the basic duty of refined oil to 32 per cent. With this, the demand for all types of oil crops like mustard, sunflower, groundnut, soybean oils, etc will
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Argentina and Brazil's soybean surge: India eyes increased soybean oil sup
Updated : 2 years, 5 months ago IST
This surge, propelled by Argentina's crop recovery and Brazil's higher biodiesel mandate, is poised to reshape global soybean dynamics, as per S&P Global.
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India extends import duty reduction for some edible oils by a year
Updated : 2 years, 5 months ago IST
The central government has extended the reduced import duty regime for some of the key edible oils by a year as it makes interventions to keep food inflation in check.
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Study reveals widely consumed vegetable oil leads to unhealthy gut
Updated : 2 years, 10 months ago IST
High use of soybean oil has been associated with obesity and diabetes, as well as autism, Alzheimer's disease, anxiety, and depression. Add ulcerative colitis, a kind of inflammatory bowel disease (IBD) characterised by chronic inflammation of the large intestine, to the growing list.
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India's edible oil imports rose 22 pc in December 2022
Updated : 3 years, 4 months ago IST
Overall, the import of vegetable oils, including edible oils, during December 2022 is reported at 1.56 million tonne compared to 1.22 million tonnes in the same month of 2021, which is an increase of about 28 per cent.
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Absence of futures in palm, soyoil hurting importers, industry body makes
Updated : 3 years, 7 months ago IST
New Delhi [India], October 14 (ANI): There is an urgent need to allow exchange trading in palm oil and soybean oil as an absence of futures trading, which facilitates hedging, has led to "heavy financial loss" for importers of these commodities during the past three-to-four months, according
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Resume futures trading in crude palm and soybean oil: Industry body to SEB
Updated : 3 years, 8 months ago IST
New Delhi [India], September 13 (ANI): Domestic edible oil industry body Solvent Extractors' Association of India requested financial market regulator SEBI to resume futures trading of internationally traded commodities such as crude soybean oil and crude palm oil.
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GM soybean oil may harm your liver: Study
Updated : 8 years, 7 months ago IST
Washington D.C. [USA], Oct 04(ANI): Busting the myth that genetically modified (GM) soybean oil is healthier than conventional soybean oil, a team of researchers has recently warned that it's harmful to liver function.
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