Edible Oil Industry urge SEBI to lift ban on future trade of crude soybean & crude palm oil

 Solvent Extractors’ Association of India on Monday urged the Securities and Exchange Board of India (SEBI) to resume the future trade of crude soybean oil and crude palm oil.

In December last year, SEBI had suspended futures and options trading in seven agricultural derivatives for one year. The primary reason for the suspension was to ensure risk management and price discovery mechanism.