Increase in effective import duty on tariff value in imported foodstuffs

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Mumbai, Ta. August 30, 2019, Friday

Singtel prices remained soft behind Saurashtra today in the Mumbai oil and beer market. When palpation was increased. There was news of the government raising the tariff value of imported edible oils, and in the wake of this, there was talk of a rise in the prices of imported food items and futures market in the evening.

Pamtel prices hike up to Rs 6 kg 3 and JNPT Rs. There were two. Rs. A total of around 5-7 tonnes of merchandise was delivered for delivery from September 1 to September 8, with the direct delivery of hawala resellers and refineries in Palmet from 6 to 8 today, market analysts said. Meanwhile, there was talk of some refineries shutting down prices in the evening after the tariffs were raised.

Meanwhile, Palmet's total exports to Malaysia increased by 5% in August, including through IT. In Malaysia today, Palmet's futures were four points softer in near delivery, while distant delivery prices closed at 5, 5 and 5 points plus. There were reports of a change in the tariff value used by India as a benchmark for import and import duty on various edible oils. Such tariff value has been reduced to $ 5 for CrudePalm oil CPOs and $ 5 for Palmoline.

While there are directives for such tariff value of Soytal, the price has been raised by four dollars. This has led to an increase in the effective import duty of imported edible oils. Such effective import tariff is Rs. Has increased from 1 to 5. While Palmoline's Impressive Import Duty Tons cost Rs. Increased from 1 to 5 and the cost of soybean Weeds of 1 to 2 have been found.

Meanwhile, in the Mumbai market today, the price of 5 kg of singletone fell to Rs. There were two. While the price of Rajkot declined, the price of Rs. 1 to 3 and 3 kg of Rs. There were 3 to 8. Cotton washed there cost Rs. While the price of Kapasia Oil in Mumbai market today is Rs. There were 3 to 8. The price of soybean is Rs. 3 and refined Rs. Sunflower was priced at Rs. 3 and refined Rs. 1 was speaking. Mustard Price Rs. 5 and the price of copperall 5 kg Rs. There were two.

Diwali prices were showing a slow decline today while the price of castor in Mumbai was Rs. 3 rupees There were two. Meanwhile, the price of Singhaul in Mumbai khola market today is Rs. 3 rupees While the price of kapasia khol was Rs. 3 rupees ૩૩૮૦૦ When the soymeal costs Rs. 3 to 5 Rs. There were 3 to 8. The others were quiet.

In Bhopal, Madhya Pradesh, soyabean crop has been affected by this time of year. Meanwhile, Chicago soybean futures in the United States were up 5-6 points in projection this evening.

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