Indian government being urged to hike edible oil import duties

The Solvent Extractors Association of India (SEA) has suggested the Indian government to increase import duties on soya and sunflower oils to 45% from the current 37.5%, while crude palm oils to 50%. Besides, it urges the authorities to totally ban import of refined palm oil or palmolein, UkrAgroConsult reports.

The goal is to support domestic prices and maintain interest of local farmers in growing oilseeds.

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