Veg oil imports up 11% in Dec; shipment of refined palm oil from Malaysia may rise on duty cut: SEA

NEW DELHI: Vegetable oil imports rose by 11 per cent last month to over 12 lakh tonne, edible oil industry body SEA said Tuesday and predicted that a rise in inward shipments of refined palm oil on customs duty cut that could affect domestic farmers and refiners. 

“Import of vegetable oils (comprising edible and non-edible oils) during December 2018 is reported at 12,11,164 tonnes compared to 10,88,783 tonnes in December 2017…The overall import of vegetable oils during November to Dece .. 

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