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India imported 285,829 tonnes of palm oil from Malaysia in April 2024

India’s palm oil imports from Malaysia reached 285,829 tonnes in April, constituting 21.6% of total vegetable oil imports. This included 50,181 tonnes of RBD palmolein and 227,649 tonnes of crude palm oil. Edible oil imports surged to 1.3 million tonnes, up by 13.5% compared to the previous month, as per data from Solvent Extractors’ Association of India. Palm oil accounted for 52% of last month’s imports.

NEW DELHI (May 15): India imported 285,829 tonnes of palm oil from Malaysia in April this year, accounting for 21.6% of the country’s total vegetable oil imports for the month.

The imports from Malaysia comprised 50,181 tonnes of refined, bleached, and deodorised (RBD) palmolein and 227,649 tonnes of crude palm oil (CPO).

India’s edible oil imports in April were 1.3 million tonnes, almost 13.5% higher than the previous month’s volumes, data released by the industry group Solvent Extractors’ Association of India showed on Tuesday (May 14).

The share of palm oil in last month’s imports was 52%.

Source Link : https://theedgemalaysia.com/node/711624

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