India's February palm oil, sunflower oil imports drop month-on-month
India's palm oil imports in February fell 18% from a month prior because of higher prices, while sunflower oil imports plunged 50% as supplies from the Black Sea region were disrupted
 "sunflower oil")
Photo: Wikipedia
India's palm oil imports in February fell 18% from a month prior because of higher prices, while sunflower oil imports plunged 50% as supplies from the Black Sea region were disrupted after Russia invaded Ukraine, a leading trade body said on Monday.
India bought 454,794 tonnes of palm oil in February and 152,220 tonnes of sunflower oil, the Mumbai-based Solvent Extractors' Association of India said in a statement.
Russia calls its actions in Ukraine a "special operation".
(Reporting by Rajendra Jadhav; Editing by Christopher Cushing)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Mar 14 2022 | 12:16 PM IST