Login ID:
Partner Login
Contact Us : 7066511911

Edible Oil Discharge At Indian Port Slows Due To Lockdown: SEA

28 Mar 2020 10:19 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol)- Discharge of imported edible oil has been delayed at Kandla port in Gujarat as a government agency is struggling to provide necessary certificates due to the coronavirus lockdown, the Solvent Extractors Association of India said on Friday.

The industry body has also suggested a few options to the government to enable quick release of edible oil.

"In Mumbai or other ports where FSSAI offices are available and single window clearance is available, the EDI system grants waivers for such cargoes, if the same single window clearance can be adopted or permitted at Kandla, Mundra and Hazira ports then edible oil can be cleared easily. Secondly almost all of edible oil import is crude/non refined in nature (crude palm oil, crude degumed soybean oil, other crude edible oils) the same can only be used after proper refining is done at edible oil refinery. In view of this testing of crude cargo at import stage could be waved for speedy clearance," Solvent Extractors Association of India (SEA) Executive Director B V Mehta said in a letter to the ministry of commerce and industry.

India fulfils around two-third of its edible oil requirement through imports.

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Cotton Complex Cotton No. 2 (COT) Turned Lower from...
Cotton No. 1 (ZCE) Relief Rally Underway / Next Resis...
Cotton Prices Collapse Rs 200 In Lower Rajasthan
Cotton Prices Drop Rs 100 In Maharashtra
MP: Cotton Prices Crash Rs 1000
Top 5 News
Madhya Pradesh Sugar Mill Prices 25 MAY 2020
Sugar (ICE) Needs to Sustain Above Resistance ($11.00...
Sugar (LIFFE) Bullish Price Trend / More Upside Proba...
Soy Complex Soybean Oil (CBT) Range-bound (Support ...
Soy Meal (CBT) Trending Lower / Next Downside Target ...
Top 5 Special Reports
Indian COTTON Market intelligence and Price Outlook: F...
veg oil Complex Fundamental Analysis Report
Weekly: Pulses Drop On Listless Demand In Dals, Crop Ar...
Copyright © CC Commodity Info Services LLP. All rights reserved.