Core Insights - Indian edible oil prices surged by 8% following a reduction in import duties, leading to a significant increase in imports by 60% [1] Group 1: Price Movement - The price of edible oil in India has experienced an 8% increase recently [1] - The reduction in import taxes has contributed to this price surge [1] Group 2: Import Dynamics - Edible oil imports into India have increased by 60% after the import tax cut [1] - The surge in imports raises questions about when the price increase will peak [1]