On-the-Ground Updates

India reduces import duty on edible oil in effort of controlling domestic price

Other Edible Vegetable Oil
India
Regulation & Compliances
Market & Price Trends
Nidhi Kumari
Published Sep 13, 2021
Indian government has reduced import duty on edible oils, palm and sunflower oil, for a period of 1 month to control the prices in domestic market.But Importers do not think there will be any immediate effect on prices as global prices are still on a higher side

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