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Vegetable oil imports down 13% in February to 9.75 lakh tonne: Industry data

In a statement on Wednesday, Solvent Extractors' Association of India (SEA) said the import of vegetable oils (comprising edible oils and non-edible oils) during February stood at 9,74,85 tonne as compared to 11,14,481 tonne in the year-ago period. ....

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Top buyer India's Oct palm oil, soyoil imports hit multi-month lows

India s edible oil imports in October plummeted to their lowest level in 16 months, primarily due to increased stock levels, which prompted refiners to reduce their purchases of palm oil, soyoil, and sunflower oil. This drop in imports, by the world s largest vegetable oil buyer, may lead to surplus palm oil stocks in key producer countries like Indonesia and Malaysia, potentially impacting benchmark futures. ....

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