Asia’s largest economy shipped a record 70,877 tons of the cooking oil in October, according to customs data, most of which went to India
Health benefits of soybeans: A nutritional powerhouse, soybeans are rich in dietary fibre, supporting digestion and a feeling of fullness. They are also a good source of healthy polyunsaturated fats, including omega-3 and omega-6 fatty acids, which promote cardiovascular well-being.
Edible oil prices in India, which relies on imports for 60 percent of its needs, have surged this year along with international prices following Russia’s invasion of Ukraine that choked the supply of sunflower oil from the Black sea region.
The CBIC in a notification also extended the validity of reduced import duty on crude palm oil and other crude oils by six months till September 30.
Deficient rains have affected sowing of cotton and kharif pulses crops in the country leading to flaring of prices by up to 25%, retail research group Religare Broking said today.
Kotak Commodity has come out with its report on Mustard & Soybean Oil.
Kotak Commodity has come out with its report on soybean, mustard & soybean oil.