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Govt raises base import price of crude palm oil, soyoil

30 Nov 2022 10:40 pm
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NEW DELHI, Nov 30 (Commoditiescontrol) - The government has raised the base import prices of crude palm oil and soyoil, while trimmed prices of gold and silver, the government said in a statement on Wednesday.

The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay.

India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold.

Commodity New price in $/Old price in $

Crude palm oil 971/ 960

RBD palm oil - 977/ 988

RBD palmolein - 993/1,008

Crude soyoil- 1,360/ 1,354

Gold - 565/ 570

Silver - 699/ 702

(Base prices for all commodities are in $ per tonne, except for gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg)

(By Commoditiescontrol Bureau)


       
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