03/10/2011 (The Star) - India, the top buyer of vegetable oils, is likely to make imports of refined palm oil costlier by raising its base price, according to government and trade sources, responding to tax changes by Indonesia that have put at risk the survival of Indian refiners.

But the government is unlikely to make any changes in the import duty of 7.7% levied on refined palm oil for fear of stoking already high inflation, especially during the festive season, when demand for edible oils is higher. – Reuters