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01-01-1970 12:00 AM | Source: Reuters
India's 2021/22 palm oil imports fall 4.8% y/y, soyoil rise-trade body
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India's palm oil imports in 2021/22 fell 4.8% from a year ago as the overseas buying of soyoil jumped 45.3% to a record high after Indonesia restricted shipments of the tropical oil, a leading trade body said on Monday.
The country's palm oil imports in the marketing year ended on Oct. 31 fell to 7.9 million tonnes from 8.3 million tonnes a year ago, Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement.
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