sunflower oils – Market-Tracker

Price Pressure on Palm Oil as Demand Declines and Alternatives Increase

Mahalakshmi@fastura.com2 months ago02 mins

Palm oil prices are expected to decline as production recovers and demand weakens. In 2024, palm oil futures surged 20% due to supply disruptions in Indonesia and Malaysia. However, inventories are set to rise as buyers shift to cheaper alternatives like soybean and sunflower oils. India’s palm oil imports could drop to a five-year low,…

Crude soya and sunflower oils are exempt from customs duties and taxes until June 30

Mahalakshmi@fastura.com2 years ago02 mins

Crude soybean oil and crude sunflower oil are exempt from customs duty and the Agriculture Infrastructure and Development Cess for the next 50 days, with some restrictions. Crude soybean oil, whether or not it has been degummed, and crude sunflower oil, according to a notification from the Ministry, will be exempt “when imported into India,…

Tag: sunflower oils

Price Pressure on Palm Oil as Demand Declines and Alternatives Increase

Crude soya and sunflower oils are exempt from customs duties and taxes until June 30

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