India Updates Edible Oil Export Policy: Lifts Limits on Organic Oils, Exempts Rice Bran Oil from Ban.
The Government of India amended its export policy on edible oils, initially prohibiting their export since March 2008, with extensions until further notice. However, exemptions are allowed for certain oils like castor, coconut, and rice bran oil in bulk, among others. Exports are also permitted for organic edible oils and those used in specific economic zones, subject to conditions. Additionally, branded consumer packs of edible oils up to 5 kg can be exported with a minimum price. The prohibition does not apply to peanut butter. The amendment removes quantity limits on organic edible oils and exempts rice bran oil from the prohibition.
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