India’s Vegetable Oil imports up 6% in June: SEA

India’s Vegetable Oil imports up 6% in June: SEA

by admin- Tuesday, July 16th, 2019 07:02:09 PM

India’s vegetable oil imports rose 6% in June from a 12 months ago to 1.11 million tonnes, industry body Solvent Extractors’ Association (SEA) stated in a statement.

Palm oil imports totalled 676,552 tonnes ultimate month, consisting of 255,551 tonnes of delicate palm oil, SEA said.

India, the arena’s biggest importer of vegetable oils, commonly imports palm oil from Indonesia and Malaysia and soyoil from Argentina and Brazil. It additionally buys small volumes of sunflower oil from Ukraine and canola oil from Canada.

The usual import of vegetable oils at some point of November 2018 to June 2019 is stated at nine.86 million tonnes, up 2% as compared to 9.64 million tonnes in the course of the corresponding duration last 12 months.

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