
Agriwatch Market Intelligence
May 28, 2025 at 11:29 AM
*Revisiting Edible Oil Tariffs: Policy and Impact*
•Despite a steep hike in import duties on edible oils in September 2024, farmgate prices for key oilseeds like soybean and groundnut remained below MSPs through April 2025. Factors such as weak global meal prices, poor crushing margins, cheaper feed alternatives, and duty-free imports via SAFTA diluted the policy's impact. So, there is a dynamic duty structure, stronger MSP procurement, and structural reforms to ensure sustainable support for domestic oilseed farmers
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