ALSO READNovember palm oil imports fall to eight-month low - trade body India's refined palm oil imports to fall as duty change makes crude palm cheaper India's edible oil imports to fall for 1st time in six years India's edible oil imports to fall in coming crop year: analyst India's Nov vegetable oil imports rise 6.2 percent to 1.248 million T - trade body
MUMBAI (Reuters) - India's vegetable oil imports in December fell 10 percent from a year ago to 1.1 million tonnes as refiners slashed overseas soyoil purchases after supplies rose from the local crop, a trade body said on Friday.
The country's imports of soyoil stood at 79,250 tonnes for the month, well down on the 232,132 tonnes bought last year, the Solvent Extractors' Association, a Mumbai-based trade group for oilseed processors, said in a statement.
"Indian import duty has gone up so people were waiting to see the impact of duty on prices.
Soybean crushing has picked up after the duty hike, dealers said.
(Reporting by Rajendra Jadhav; editing by Richard Pullin)
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