Soyoil imports fell by a quarter to 352,325 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement.
Reuters
@moneycontrolcom
India's palm oil imports slumped 33 percent in July from a year earlier to 550,180 tonnes as higher duties and a depreciating rupee made imports more expensive, a leading trade body said on Tuesday.
Soyoil imports fell by a quarter to 352,325 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement.
India is the world's biggest importer of edible oils. Its total vegetable oil imports dropped 27 percent to 1.12 million tonnes in July, it said.First Published on Aug 14, 2018 02:43 pm