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Commodity & Trade Updates
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SOPA urges 10% import duty hike on edible oils to shield domestic farmers
The proposed 10% hike would apply across refined and crude edible oil categories, potentially narrowing the price gap between imported and domestically produced oils.
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Malawi’s NFRA raises maize buying prices to boost deliveries, curb market shortages
This price increase is aimed at ensuring sufficient maize reserves for the country during lean periods, responding to current market dynamics.
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Zimbabwe tightens grain and oilseed imports under new regulation
The move aims to stimulate Zimbabwe’s agricultural value chain by guaranteeing local farmers an assured market for their grains and oilseeds.
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Punjab bans use of wheat in feed mills to avert flour shortage
The ban will remain in place for 30 days, effective immediately and lasting until Friday, October 3.
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Ukraine imposes 10% export duty on soybeans to boost domestic processing
Under the new law, farmers and cooperatives exporting their own produce are exempt from the duty.