Veg oil imports steady in June: SEA

 

India’s vegetable oil imports remained flat at 15.49 lakh tonnes in June compared to the same month last year, even as shipments of crude edible oils surged more than 25%, said industry body Solvent Extractors Association (SEA). In the edible oil category, barring crude sunflower oils, imports of other crude edible oil variants rose 25.64% to 11.51 lakh tonnes in June from 9.16 lakh tonnes a year earlier. However, crude sunflower oil shipments declined 53.58% to 2.61 lakh tonnes in June from the year-ago period. Crude palm oil (CPO) imports rose 23.55% to 7.88 lakh tonnes in June from 6.37 lakh tonnes a year earlier, while crude soybean oil imports increased 30.39% to 3.59 lakh tonnes from 2.75 lakh tonnes, as per a report.

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