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India's June Vegetable Oil Imports Up 6%

Palm oil imports totalled 676,552 tonnes last month, including 255,551 tonnes of refined palm oil

Photo Credit : Bloomberg

1496820361_VNxFP3_Edible-Oil_Bloomberg.jpg

India's vegetable oil imports rose 6% in June from a year ago to 1.11 million tonnes, a leading trade body said on Monday.

Palm oil imports totalled 676,552 tonnes last month, including 255,551 tonnes of refined palm oil, the Solvent Extractors' Association (SEA) said in a statement.

India, the world's biggest importer of vegetable oils,  primarily imports palm oil from Indonesia and Malaysia and soyoil from Argentina and Brazil. It also buys small volumes of sunflower oil from Ukraine and canola oil from Canada.

(Reuters)


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