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Latest Articles in imports

Indian LNG Importers Invoke Force Majeure As Gas Demand Slumps

Spot prices in Asia fell to a record low in February but had been rising due to India's LNG purchases and a slow recovery in China as people returned to work.

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Some Indian Ports Declare Force Majeure, Could Delay Oil Discharges - Documents, Sources

Indian (crude) imports are by and large term contracts and what may be impacted are the speculative spot lifting. Also, 21 days is a relatively short period of time.

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India Wants Qatar To Lower Price Of Gas Under Long-Term LNG Deal: Oil Minister

India imports 8.5 million tonnes of liquefied natural gas (LNG) annually under long-term supply deals with Qatar.

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Commerce Minister Piyush Goyal Says India Has Not Put Curbs On Imports From Malaysia, Turkey

"India believes in free play and equal treatment for all," Goyal said at a security conference in New Delhi.

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India's December Palm Oil Imports Drop 8.6% As Prices Rally

The country's sunflower oil imports in the month fell 16.1% from a year ago to 197,842 tonnes.

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OPEC's Share Of Indian Oil Imports In October Hits Lowest Since 2011

India, which usually imports about 80 per cent of its needs from members of the Organization of the Petroleum Exporting Countries (OPEC).

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Govt To Facilitate Onion Imports From Iran, Egypt; To Relax Fumigation Norms

NAFED officials have been asked to visit the onion growing region of Nashik in Maharasthra to take stock of the situation.

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RCEP Deal May Hurt India's Export Competitiveness: TPCI

India's imports may increase by $29 billion annually during the post-RCEP period, implying a revenue loss by as much as 1.3% of GDP.

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India's October Gold Imports Drop 33% On Weak Festive Demand: Source

In value terms, the October imports were at $1.84 billion, slightly higher than last year’s $1.76 billion.

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India May Restrict Imports Of Palm Oil, Other Goods From Malaysia: Sources

New Delhi is looking for ways to limit palm oil imports and may place restrictions on other goods from the country, said a government source.

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Malaysia Plans To Step Up Imports From India: Primary Industries Minister

Malaysia is in touch with India's various ministries to identify the commodities that Kuala Lumpur can import.

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India's Palm Oil Imports Could Hit Record On Rising Demand: Analyst

Higher imports may help support benchmark Malaysian palm oil prices that in July hit their lowest level in nearly four years and are struggling to recover due to weak export demand.

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India's August Palm Oil Imports Jump To 11-month High: Trade Body

New Delhi imported 852,534 tonnes of palm oil in August, the highest since September 2018, the Solvent Extractors' Association of India (SEA) said in a statement.

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Govt Plans Extra Tax On Vegetable Oil Imports To Boost Domestic Output: Sources

India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.

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India's Petrol Imports In July Hit Highest In At Least Eight Years

Crude oil imports into the world’s third-largest consumer declined 1.2 per cent from a year earlier to 19.34 million tonnes, but increased 14.6 per cent from the previous month.

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