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Commodity News
Sep 2 2008 10:27AM
India keeps soy, palm oils base import price unchanged

New Delhi - India left the base import prices of soybean oil and palm oils unchanged at current levels, a FinanceMinistry statement said Monday. The base import price for crude palm oil is unchanged at USD447 a metric ton. The base import price for crude soyoil is unchanged at USD580/ton. In India, import tariffs for palmoils and soyoil are calculated from base import prices, regardless of the actual price at which importers buy the commodities.

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