The government of India (GOI) has raised the import duty on vegetable oils in order to help domestic farmers obtain a slightly better value for their oilseed crops. This could be the first of several hikes over the next few months as the world will be flooded with vegetable oil after October. Vegetable Oil Import Duty Increased The government of India (GOI) last week raised the import duty on vegetable oils by 5 percent, based on a demand from the Solvent Extractors Association (SEA of India). It will now be 12.5 percent on the crude variety and 20 percent on the refined. This could be the first of several hikes over the next few months as the world will be flooded with vegetable oil after October when the new crop comes to market. India'...
What Matters Today... Fed holds rates steady as inflation uncertainty tied to the Iran conflict pressures equities and supports broader commodity risk premia Biofuel demand accelerating globally, with U.S. imports of used cooking oil and strong soyoil demand reinforcing upside across the soy c...
Russian Grain Markets: 20-24 April 2026 During the week in review, the Russian grains market remained volatile with a broadly bullish undertone. However, it remains too early to determine whether this shift is being driven by geopolitical factors or short-term positioning. The market continues...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.