Vegetable oil import up 26% in July, palm oil shipment highest in 6 yrs

During November 2018 to July 2019 period, the overall import of vegetable oils went up 5 per cent to 112.8 lakh tonne against 107.6 lakh tonne in the corresponding period of the previous year

Vegetable oils import rose 26 per cent to 14.12 lakh tonne last month on sharp jump in shipments of refined palm oil -- highest since May 2013, according to industry body SEA.

Imports of vegetable oils (edible and non-edible) stood at 11.19 lakh tonne in July last year. Edible oil import increased to 13.47 lakh tonne from 10.53 lakh tonne, while non-edible oil import fell to 64,119 tonne from 65,825 tonne, the Solvent Extractors' Association of India (SEA) said in a statement.

During November 2018 to July 2019 period, the overall import of vegetable oils went up 5 per cent to 112.8