Edible Oil News in English

Import duty hike in edible oils fails to spur domestic oilseeds rates 

The government will have to be cautious in further raising the import duty on edible oil after it was hiked in September last year as the domestic prices of soyabean and groundnut have fallen from the levels when duty-free import was allowed, experts said.

The government will have to be cautious in further raising the import duty on edible oil after it was hiked in September last year as the domestic prices of soyabean and groundnut have fallen from the levels when duty-free import was allowed, experts said.

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Source : The Hindu Business line

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