India cuts import duty on palm oil, soyoil and sunflower oil
23/09/2026 17:43
India cuts import duty on palm oil, soyoil and sunflower oil MUMBAI, Sept 23 (Reuters) - India has cut the basic import duty on crude and refined edible oils, including palm oil, soyoil and sunflower oil, the government said in a notification late on Wednesday, as it seeks to lower prices during the peak festive season.
The basic import duty on crude palm oil and crude soyoil has been reduced to 5% from 10%, the notification said.
(Reporting by Rajendra Jadhav; Editing by Kevin Liffey)
((rajendra.jadhav@thomsonreuters.com; Reuters Messaging: x.com/Rajendra1857))
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