# Import duty talks lift edible oils - The HinduBusinessLine

> Edible oil prices in Indore mandis rose on expectations of a higher import duty on soya oil, with refined soya and palm oil quoted higher. Mustard seed also traded higher while groundnut oil was lower.

- Date: 2017-11-09 · published 2017-11-09T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/68072-import-duty-talks-lift-edible-oils-the-hindubusinessline
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Anticipated Indian import duty hikes make domestic vegetable oil prices firmer despite weak global cues, supporting soyoil and palm oil values for feed and oilseed buyers.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-03-02 | [Centre hikes import duty on crude, refined palm oils - The HinduBusinessLine](https://feedsoft.ai/events/10367-centre-hikes-import-duty-on-crude-refined-palm-oils-the-hindubusinessline.md) | -1.4% | -0.8% |
| SBO | 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) | +3.0% | +5.2% |
| SBO | 2021-06-03 | [Govt considering edible oil import tax cut to lower prices, says report \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/6355-govt-considering-edible-oil-import-tax-cut-to-lower-prices-says-report.md) | +2.9% | -8.3% |
| SBO | 2022-01-30 | [Indonesia’s palm oil export curbs upend global edible oil markets - Markets - Business Recorder](https://feedsoft.ai/events/8091-indonesia-s-palm-oil-export-curbs-upend-global-edible-oil-markets-markets.md) | +2.2% | +8.1% |
| SBO | 2017-02-26 | [Edible oil prices to rebound \| News on Markets - Business Standard](https://feedsoft.ai/events/7063-edible-oil-prices-to-rebound-news-on-markets-business-standard.md) | +5.4% | -0.5% |
| PALMOIL | 2021-07-08 | [‘Easing import curbs will hit local refiners’ - The HinduBusinessLine](https://feedsoft.ai/events/45942-easing-import-curbs-will-hit-local-refiners-the-hindubusinessline.md) | +3.2% | +9.5% |
| 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 | 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% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/import-duty-talks-lift-edible-oils/article9951497.ece

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