<h1>India Raises Import Duty on Crude Edible Oils to 2.5% to Boost Farmer Payments; Refined Oils Unchanged at 7.5.</h1> The Cabinet Committee on Economic Affairs in India approved an increase in import duty on crude edible oils from 0 to 2.5 percent, while maintaining the 7.5 percent duty on refined edible oils. This decision aims to increase the price paid to farmers for oil palm Fresh Fruit Bunches, as it is linked to the landed price of Crude Palm Oil. The increase is expected to raise farmer payments by approximately Rs. 150 per MT, with minimal impact on consumer prices, potentially moderated by large palm oil stocks in Malaysia and Indonesia.