India plans to raise veg oils import taxes

MUMBAI, Sept 1 (Reuters): India is considering an increase in import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday.The move, which is likely to be announced in the coming weeks, could dampen demand and reduce overseas purchases of palm...

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Egypt's Sisi ordered huge wheat purchase fearing new supply crisis

CAIRO/DUBAI, Sept 1 (Reuters): Egypt's biggest ever wheat tender, nearly 20 times its usual size, stemmed from food security concerns sparked by an intelligence briefing given to President Abdel Fattah al-Sisi, according to three security and government sources.Egypt, one of the world's biggest wheat importers, relies on the grain to...

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QatarEnergy to double annual urea production

DOHA, Sept 1 (Reuters): State-owned QatarEnergy will boost its production of urea to more than 12.4 million tons annually from 6 million tons currently, its CEO said in a press conference on Sunday, without giving a timeframe.Saad Al-Kaabi, also Qatar's minister of state for energy affairs, said the construction of...

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