Quantcast
Other Stories

The hike is in line with rise in global prices. Due to concerns of weather affecting soyabean crop in Argentina, global edible oil prices have firmed up recently .

02 Feb 2013

NEW DELHI(Commodity Online): The tariff value of edible oils including RBD palmolein and crude soya oil has been hiked by the Indian government

For edible oils base import price hike ranged from $7 to $29 a ton. The hike is in line with rise in global prices. Due to concerns of weather affecting soyabean crop in Argentina, global edible oil prices have firmed up recently .

For bleached and de-odourised (RBD) palmolein the priceis at $870 a ton, rise of $7. Base price on RBD palmolein has been revised by the government on January 24 to $863.

For crude palm oil the import price is now at $815 ($802 earlier). The base import price for RBD Palm Oil is now $860 from $853 earlier. For other palm oil, the base price now stands at $838 against $828.

For crude palmolein, the base import price has been hiked by $7 to $867. For other palmolein, the tariff value has been increased to $869 from the earlier $862.

Soya oil tariff value has been hiked by $29 a tonne to $1,219. india government had imposed a 2.5 per cent duty on crude edible oils recently. However, the refined oils attract a duty of 7.5 per cent.


YOUR RESPONSE
Click on the image to reload it
Click to reload image
COMMENTS (0)

@2013 COMMODITYONLINE ALL RIGHTS RESERVED