India's vegetable oil imports dip 32% in April on lower palm oil demand

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India's vegetable oil imports dip 32% in April on lower palm oil demand - Business Standard

Quick Summary:

India's vegetable oil imports fell 32 per cent to 8.91 lakh tonnes in April from a year earlier, industry body Solvent Extractors Association (SEA) said on Wednesday, as shipments of both palm and refined oils declined.

For the first six months of the 2024-25 oil year (November-October), total vegetable oil imports decreased to 65.02 lakh tonnes, from 70.69 lakh tonnes a year earlier.

Vegetable oil imports, comprising edible and non-edible oils, stood at 13.18 lakh tonnes in the year-ago period.