India’s veg oil imports up 33% in Aug, headed for record imports in 2022-23

India’s vegetable oil imports rose to 1.87 million mt in August, up 33% on the year as a dip in international vegetable oil prices and fears of lower oilseed yields domestically spurred demand at the world’s largest buyer, trade body the Solvent Extractors’ Association of India (SEA) said Sept. 14. Vegetable oil imports in August eclipsed the prior year-high set…India’s vegetable oil imports rose to 1.87 million mt in August, up 33% on the year as a dip in international vegetable oil prices and fears of lower oilseed yields domestically spurred demand at the world’s largest buyer, trade body the Solvent Extractors’ Association of India (SEA) said Sept. 14. Vegetable oil imports in August eclipsed the prior year-high set…  Read More