April veg oil imports double YoY trade

Reuters
Posted: Wednesday, May 13, 2009 at 1149 hrs IST
Updated: Wednesday, May 13, 2009 at 1149 hrs IST

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New Delhi: India's vegetable oil imports in April rose 101 per cent from a year earlier to 699,396 tonnes, a leading trade body said on Wednesday.

Imports in the first half of oil year from November were at 4.3 million tonnes, up from from 2.6 million tonnes in the year-ago period, data released by the Solvent Extractors' Association of India (SEA) showed.

Traders had expected edible oil imports to double in April from a year ago due to a friendlier tax regime.

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