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Wednesday, November 29, 2023

India’s July palm oil imports rise 59% m/m

India’s palm oil imports in July jumped 59% from the previous month to 1.08 million metric tons, a trade body said on Monday.

Imports of soyoil fell by around 22% to 342,270 tons and those of sunflower oil were up 71% at 327,259 tons, the Mumbai-based Solvent Extractors’ Association of India (SEA) said in a statement.

Malaysia’s end-July palm oil stocks at highest in five months

Vegetable oil imports rose about 35% to 1.77 million tons, it added.

India’s July palm oil imports rise 59% m/m

Source: Brecorder

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