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Strong oilseed supply to weigh on palm oil in 2013
date:Mar 07, 2013
edible oil purchases that have pushed stocks to a record-high.

I expect that by August to September 2013, the import duty on unrefined oil will be further hiked to 20 percent and to 27.5 percent on refined oil, Mistry said.

The country currently imposes a 2.5 percent import duty on crude edible oil and 7.5 percent on refined products.

12/22 07:24