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  1. India’s April vegetable oil imports rise 12 pct y/y-trade body

India’s April vegetable oil imports rise 12 pct y/y-trade body

A leading trade body said, India imported 12 percent higher vegetable oil than in the same period a year earlier

By: | New Delhi | Published: May 13, 2016 1:11 PM
vegetable oil prices, oil import bill india, Solvent Extractors' Association of India, world's largest oil buyer, India A leading trade body said, India imported 12 percent higher vegetable oil than in the same period a year earlier. (Photo: Reuters)

India imported 1.24 million tonnes of vegetable oil in April, 12 percent higher than in the same period a year earlier, a leading trade body said in a statement on Friday.

India, the world’s largest buyer of vegetable oils, shipped in 7.56 million tonnes of vegetable oil during the first six months of the oil year that started Nov. 1, a rise of 17 percent over the same period the previous year, Mumbai-based Solvent Extractors’ Association of India said in the statement.

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