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Veg oil News

Veg oil refineries in doldrums, want protection
An exponential growth in the import of refined edible oil has forced domestic refineries to cut operating capacity by half in recent months, rendering thereby multitudes of daily wagers jobless. The import of refined oil almost trebled to 304,000 tonnes in February 2012 from 110,000 tonnes in November last year. The share of refined oil in overall import of vegetable (veg) oil rose to 35 per cent