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India increased import duties on vegetable oils
Import duty on crude palm oil increased by 2 times
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The government of India has decided to raise the import duties on crude and refined vegetable oil to support local producers of oilseeds in terms of cheap imports of oils from Malaysia and Indonesia, announced on August 14 Investor.com.

Particularly for crude palm oil the rate was raised to 15% (2 times) refined to 25%.

It is also reported that the import duty on crude soybean oil increased from 12.5% to 17.5%.

Photo: myskinmd.info



Translated by service "Yandex.Translation"
Источники: АПК-Информ
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