# ‘Easing import curbs will hit local refiners’ - The HinduBusinessLine

> Indian refiners said the June 30 easing of curbs on refined palm oil and palmolein imports leaves them at a cost disadvantage of Rs 6,578 to 8,070 per tonne. The Indian Vegetable Oil Producers' Association asked the government to reconsider, noting that Malaysia and Indonesia provide export subsidies.

- Date: 2021-07-08 · published 2021-07-08T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/45942-easing-import-curbs-will-hit-local-refiners-the-hindubusinessline
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

If the import easing persists, cheaper imported refined palm oil could displace domestic refining and increase Indian imports, supporting palm oil prices. Lobbying could lead to policy reversal, which would reduce that demand.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-11-09 | [Import duty talks lift edible oils - The HinduBusinessLine](https://feedsoft.ai/events/68072-import-duty-talks-lift-edible-oils-the-hindubusinessline.md) | -1.7% | -7.6% |
| PALMOIL | 2025-06-26 | [Malaysia mulls raising palm oil share in biodiesel - The HinduBusinessLine](https://feedsoft.ai/events/15553-malaysia-mulls-raising-palm-oil-share-in-biodiesel-the-hindubusinessline.md) | +2.8% | +6.1% |
| PALMOIL | 2025-07-25 | [Food vs fuel debate may emerge again, fears edible oil industry   - The HinduBusinessLine](https://feedsoft.ai/events/15549-food-vs-fuel-debate-may-emerge-again-fears-edible-oil-industry-the.md) | -0.5% | +4.7% |
| PALMOIL | 2022-03-09 | [Indonesia tightens palm oil export curbs in new hit to global supplies \| Reuters](https://feedsoft.ai/events/42374-indonesia-tightens-palm-oil-export-curbs-in-new-hit-to-global-supplies-reuters.md) | -2.3% | -9.2% |
| PALMOIL | 2020-12-10 | [Indonesia imposes higher export levies amid year-end rally in global CPO prices  - Business - The Jakarta Post](https://feedsoft.ai/events/49522-indonesia-imposes-higher-export-levies-amid-year-end-rally-in-global-cpo-prices.md) | +2.2% | +14.6% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/article35226741.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.