Vegetable oil imports jump 51% in September: Surge in crude palm oil drives growth; refined shipments fall to zero
India's vegetable oil imports surged 51% in September to 16.39 lakh tonnes, driven by a significant increase in crude palm oil shipments. This rise followed a government decision to widen the import duty gap, making refined oil imports unviable and leading to zero refined palmolein imports for the first time since 2021.
India's vegetable oil imports surged 51% in September to 16.39 lakh tonnes, driven by a significant increase in crude palm oil shipments. This rise followed a government decision to widen the import duty gap, making refined oil imports unviable and leading to zero refined palmolein imports for the first time since 2021. What's Your Reaction?
