Agriwatch Market Intelligence
Agriwatch Market Intelligence
May 31, 2025 at 06:55 AM
*Policy Boost for Refiners: Import Duty Differential Raised to 19.25%* •The Indian government has increased the import duty differential between crude and refined edible oils from 8.25% to 19.25%, aiming to support the domestic refining industry. This policy change is expected to curb the rising imports of cheaper refined palmolien which surged to 27% of total palm oil imports in early 2024–25 and shift demand back to crude palm oil. The move will boost local value addition, improve capacity utilization, and create jobs, without raising consumer prices

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