Sunflower Oil

Healthiest cooking oils for heart: Choosing the right cooking oil can make a world of difference in your food – from the way it tastes to how healthy it is. Select the best oil for your purpose, whether it is everyday cooking, frying or baking.

How to choose healthy oils: 6 essential tips for your cooking routine

Best cooking oils for health: Knowing the different types of oils and their health benefits is key to making smarter cooking decisions. Follow these tips to make healthier choices in your kitchen.

Government cuts duty on refined soybean, sunflower oils to 12.5%

India imports soy and sunflower oils primarily from Argentina, Brazil, Ukraine and Russia

Govt considers tax cut on soybean and sunflower oil to cool prices

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.

 Exclusive | India to approach Russia for concessions on sunflower oil imports

Russia imposed a sunflower oil export quota of 1.5 million tonnes and banned shipments of sunflower seeds till August 31. Now, Indian importers have informed the government that higher export duties by Moscow from June may further increase costs and cripple cargoes.

Indonesian move to halt palm oil export raises edible oil prices in India

South-East Asian nation to halt export from April 28. The price of sunflower oil has already been hit by the conflict between Russia and Ukraine, the two major suppliers. Other edible oils also expected to become costly. Industry says Indonesian move likely to be temporary.

Exclusive | Government may cut effective import duties on crude edible oils further

The government is prepared to support custom duty cuts on crude edible oil imports beyond the initial deadline of September 2022. Russia’s invasion of Ukraine has shut down sunflower oil imports from both countries. Palm oil shipments from Indonesia and Malaysia have been disrupted by high prices and domestic shortages in those markets.

Ukraine war may result in 25% supply shortage of sunflower oil in India: Report

Around 70 per cent of crude sunflower oil comes to India from Ukraine and about 20 per cent from Russia.

Explained | Why sunflower oil prices in India may rise another 5-10% this year

Ukraine and Russia account for 60 percent of world sunflower oil output and 76 percent of exports. India is the biggest edible oil importer of the world.

Why edible oil prices are set to surge again

A slew of measures by the government last year had reined in the prices of edible oils such as palm oil, mustard oil and soybean oil but with rising geopolitical tensions and export restriction by Indonesia, prices will skyrocket again, indicate industry stakeholders.

Effective import duty on crude palm oil cut to 5.5% to cool edible oil prices

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.

EXCLUSIVE | Duty cuts on edible oil likely before festive season

While basic customs duties have been cut for the second time in less than a month, edible oil prices continue to remain high. With the festive season set to begin soon, the cut-off date for ending duty cuts -- September 30 -- may now be extended.

Govt cuts import taxes on vegetable oils to calm prices

The base import tax on crude palm oil has been slashed to 2.5 percent from 10 percent, while the tax on crude soyoil and crude sunflower oil has been reduced to 2.5 percent from 7.5 percent, the government said in a notification late on Friday.

India imports record 9.76 lakh tonnes of palm oils in July

Consequently, vegetable oils shipments in November-July period of the current oil year reached a record level of 10.35 MT (million tonnes) from 8.19 MT a year ago. Total imports are expected to be at 13.8-14 MT, valued at over Rs 65,000 crore, SEA said in a statement.

India's March palm oil imports jump 25%: SEA

India's March palm oil imports jAccording to the SEA, palm oil imports have risen as Indonesia and Malaysia had zero export duty on palm products for the last five months to clear surplus stock amid reduced global demand of CPO for bio-diesel production. ump 25 pc: SEA

Govt considers raising import taxes on vegetable oils

"We are considering an increase in the import tax but it is not going to happen immediately because the official process will take some more time," said another government official directly involved in the decision making process.