Indonesia to suspend some palm oil export permits to secure domestic supplies
Indonesia will suspend some palm oil export permits to secure domestic supply amid rising cooking oil prices ahead of Islamic festivals, senior cabinet minister Luhut Pandjaitan said on his official Instagram account.He said palm oil exporters had accumulated large shipments quota from last year and they now had little incentives to supply the domestic market.Indonesia […]
Impose uniform import duty on all crude edible oils, SEA tells Govt
The Solvent Extractors’ Association (SEA) of India has urged the Government to impose uniform import duty on all crude edible oils. Ajay Jhunjhunwala, President of SEA, said in a monthly letter to members of the association on Friday that the Association has, in its pre budget memorandum, sent a representation to the Government covering various aspects […]