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Edible oil import up 23 pc to 9.84 LT in Feb; refined palm oil shipments surge on lower duty
Total import of vegetable oils (edible and non-edible) increased to 10,19,997 tonnes as compared to 8,38,607 tonnes in February 2021, Solvent Extractors' Association of India said in a statement.
India's edible oil imports rose 23 per cent to 9,83,608 tonnes in February mainly due to a sharp rise in shipments of refined palm oil, industry body SEA said on Monday.
Edible oil imports stood at 7,96,568 tonnes in the same month last year.
Total import of vegetable oils (edible and non-edible) increased to 10,19,997 tonnes as compared to 8,38,607 tonnes in February 2021, Solvent Extractors' Association of India said in a statement.
Out of the total vegetable oils imports, the edible oils import rose to 9,83,608 tonnes from 7,96,568 tonnes in February 2021.
Imports of refined palm oil increased to 3,02,928 tonnes from 6,000 tonnes.
Non-edible oil imports last month fell to 36,389 tonnes from 42,039 tonnes in the year-ago period.
The overall import of vegetable oils during the first four months of 2021-22 oil year, which runs from November-October, went up 7 per cent to 46,91,158 tonnes as compared to 43,94,760 tonnes during the same period of the previous year.
The import of RBD Palmolein jumped from 21,601 tonnes to 5,19,450 tonnes, SEA said.
Team Edu-visor