Content ID

336076

India's 2021/22 palm oil imports fall 4.8% y/y, soyoil rise-trade body

MUMBAI, Nov 14 (Reuters) - 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. (Reporting by Rajendra Jadhav and Arpan Varghese; Editing by Louise Heavens)

© Copyright Thomson Reuters 2022. Click For Restrictions - http://about.reuters.com/fulllegal.asp

Read more about
Loading...

Tip of the Day

Music is calming

AATF department logo Leave a weather monitor or radio turned on 24-7 – with the volume up – in your calving barn during calving season.

Talk in Marketing

Most Recent Poll

Will you have enough on-farm storage for harvest?

I just want to see the responses
45% (25 votes)
Yes
38% (21 votes)
No, it’s going to be a bin-buster
7% (4 votes)
Maybe, depending on yields
5% (3 votes)
No, I am looking at new bins or temporary storage
4% (2 votes)
Total votes: 55
Thank you for voting.