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India's May Palm oil imports jump 74 pc on rising demand.
Jun 14, 2024

India's palm oil imports surged 74 per cent to 7,63,300 tonnes in May this year from 4,39,173 tonnes in the year-ago period, as the world's largest vegetable oil buyer stocked up the commodity to meet rising domestic demand, industry body Solvent Extractors Association (SEA) said on Thursday. The total vegetable oil imports rose to 15.29 lakh tonnes in May this year from 10.58 lakh tonnes in May 2023, it added.

    
economictimes.indiatimes.com

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