Tag Archives: cottonseed oil

India Bans Exports of Edible Oils to control rising prices

India banned exports of all edible oils due to the rising domestic prices and control inflation. The ban will be in place till March 16, 2009.

Rising prices caused the Indian government to ban exports of rice, sugar, wheat, pulses and skimmed milk powder– even raised rice export prices. Ban on exports is another step to control inflation.