Page 2 - Palm Oil Import

Stock of imported edible oil in pipelines, at ports falls to multi-year low

According to data from the Solvent Extractors' Association of India (SEA), the stock of edible oils as on January 1, 2020, at various ports fell to an estimated 860,000 tonnes

Restrict refined palm oil import to 50,000 tonnes a month: Industry body

Last week government had put plam oil imports from Malaysia under restricted category following criticism by the country's Prime Minister Mahathir Mohamad

India warns palm oil buyers against Malaysian imports after diplomatic spat

This comes after Malaysia's Prime Minister criticised India's actions in Kashmir and its new citizenship law

India resumes Malaysian palm oil imports as Kuala Lumpur offers discount

Malaysian palm oil is available at a $5 discount amid congestion at Indonesian ports

Import duty on non-palm oils hiked by 5-10%

Palm oil imports might remain under pressure this month too, helping soyoil and sunflower oil gain market share