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  Indonesia to lift ban on palm oil export from May 23

  Business | May 19, 2022 18:17 IST

  Pressure on the global supply of cooking oil has increased because of the war in Ukraine, which accounts for nearly half of the world’s sunflower oil on top of the 25% from Russia.

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

  Business | February 13, 2022 7:39 IST

  Basic customs duty is already nil on crude palm oil (CPO) and now the Central Board of Indirect Taxes and Customs (CBIC) through a notification has cut the agri infra development cess to 5 per cent from 7.5 per cent, effective from February 13.

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  NCDEX crude palm oil future sees increased interest from market

  December 03, 2013 16:32 IST

  Mumbai: National Commodity & Derivatives Exchange Limited (NCDEX) today said it is seeing greater traction in its recently launched crude palm oil contract."We are seeing greater traction in our recently launched crude palm oil contract.