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Industry news & Vesper highlights

21-10-2024
Megan Hidden

In recent news, India has raised import duties on edible oils to support domestic production and stabilize local markets. Starting from mid-September 2024, the government imposed a 20% basic customs duty on crude edible oils like palm, soybean, and sunflower oils. Despite the recent duty hikes, palm oil imports surged by 50% in October compared […]

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