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AWL Agri expects edible oil demand to recover as prices fall and festive season nears

1 source · first seen 15:24 25 Sept · updated 15:24 25 Sept

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AWLFri, 25 Sept−0.2%−0.5%0.7×−0.2% · Nifty +0.3%

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India’s edible oil import duty cuts

Effective September 24, basic customs duty on crude soybean and palm oils fell from 10% to 5%, while rates on refined oils fell from 32.5% to 27.5%. The cuts aim to ease consumer prices ahead of the festive season, though farmers say they threaten their livelihoods.

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1 report · earliest 15:24
CNBC-TV18AWL Agri expects edible oil demand to recover as prices fall and festive season nears15:24