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India's Sept palm oil imports ease, soyoil falls 4.4%


  • Palm Oil
  • Wednesday, 17 Oct 2018

India is the world's biggest importer of edible oils. Its total vegetable oil imports eased 2 percent to 1.42 million tonnes in September, it added. India buys palm oil from Indonesia and Malaysia.

India is the world's biggest importer of edible oils. Its total vegetable oil imports eased 2 percent to 1.42 million tonnes in September, it added. India buys palm oil from Indonesia and Malaysia.

MUMBAI: India's palm oil imports dropped 1.4 percent to 918,675 tonnes in September from a year earlier as higher duties and a depreciating rupee made imports more expensive, a leading trade body said on Tuesday.

Soyoil imports dropped 4.4 percent to 341,402 tonnes in September, while sunflower oil imports dropped nearly a quarter from a year ago to 149,930 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement.

Palm Oil , Plantations

   

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