India raises base import price of palm oil and soyoil
01.06.2021 (www.agriculture.com) - MUMBAI, June 1 (Reuters) - India raised the base import price of palm oil, soybean oil, gold and silver, the government said in a statement late on Monday. The government revises base import prices of edible oils, gold and silver every fortnight and the price is used to calculate the amount of tax an importer needs to pay. Commodity New price in $ Old price in $ Crude palm oil 1,222 1,219 RBD palm oil 1,245 1,242 RBD palmolein 1,265 1,251 Crude soya oil 1,452 1,333 Gold 612 590 Silver 890 883 Base prices for all commodities are in $ per tonne, except for gold and silver. Gold tariff is in $ per 10 grams and silver in $ per kg. (Reporting by Rajendra Jadhav; Editing by Subhranshu Sahu)
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