State-run trading firm STC has invited bids for import of 8,500 tonnes of RBD palmolein to be delivered between August and September.
Bids will close on July 21 and the decision on the tender will be taken by July 22, STC said on its website. The company said RBD palmolein should be imported from either Malaysia or Indonesia.
The shipments of 5,000 tonnes should reach Chennai and the rest 500 tonnes at Tuticorin port in Tamil Nadu between August and September.
RBD palmolein is refined, bleached and deodorised form of palm oil, which is extracted after crushing palm fruit. According to industry data, India imported a total of 42,282 tonne of RBD palmolein last month.
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