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MUMBAI/NEW DELHI (Reuters) - India, the world's biggest buyer of vegetable oils, is considering raising import taxes on crude and refined edible oils to protect local farmers, two government officials told Reuters. Local oilseed crushers are struggling to compete with cheaper edible oil imports ...

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Read more about Adverse market conditions forcing closure of oilseed crushers on Business Standard. Refiners prefer to import crude palm oil from Malaysia and Indonesia, finding this cheaper than local crushing

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In the early 1990s India used to meet more than 90 per cent of its edible oil requirement through domestic production. With progressively declining import duty, India's self-sufficiency declined to 30 per cent, hitting oilseed farmers and crushers.

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Indian oilseed crushers were struggling to compete with cheap imports from Indonesia, Malaysia, Brazil and Argentina, reducing demand for local rapeseed and soybeans, even after steep fall in oilseed prices.

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The oil extractors and processors have a reason to cheer as the Centre has raised import duty for crude oils, refined oils and soyabean, bringing an end to long-pending demand of the crushers. Atul Chaturvedi, President, Solvent Extractors' Association of India (SEA), termed the Centre's move as ...

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Oilseeds crushing Cleaning, Drying and Preparation of the seeds/beans As a first step the seed/bean is cleaned and dried. Foreign material (like stones, glass and metal) is taken out by sieving and magnets and disposed of outside the feed chain.

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6 How the Global Oilseed and Grain Trade Works Two types of oilseed-processing techniques are employed to extract meal and oil from the bean. The most common technique is to apply hexane gas in a solvent-extraction method to separate the oil embedded in the cell structure of the bean resulting in the production of oil and meal.

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Indian oilseed crushers had been struggling to compete with cheaper imports from Indonesia, Malaysia, Brazil and Argentina, reducing demand for local rapeseed and soybeans which have been trading below government-set prices in the physical market and angering farmers.

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Indian oilseed crushers were struggling to compete with cheap imports from Indonesia, Malaysia, Brazil and Argentina.

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Safflower is an oilseed crop which has been grown since ancient times in semi-arid regions of the India, Middle East, and Northern Africa, where it was a source of a dye and edible oil. American farmers began growing safflower around the end of World War II.

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