India’s vegetable oil imports down by 2% in November 2020 to 11.02 lakh tonnes: SEA

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India’s vegetable oil imports fell by 2 per cent in November to 11.02 lakh tonnes due to a sharp decline in inward shipments of refined palm oil, according to industry data. The marketing year for vegetable oils (edible and non-edible oils) runs from November to October. “Import of vegetable oils during November 2020 is reported […]

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Agro commodities like guar, crude palm oil (CPO) fall sharply on crude crash

Agricultural commodities followed the path of equities, with guar seed and gum prices posting sharp declines brought on by a significant bearish trend in crude oil. Crude palm oil displayed a similar sentiment, as a lot of the demand for this commodity comes from bio-fuel makers, and its price is influenced to some extent by the movement in crude […]

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India’s vegetable oil imports decline by 9 per cent in November 2018

India’s import of vegetable oils during November 2018 is reported at 1,133,893 (approximately 1.13 million) tonnes compared to 1,248,810 (1.24 million) tonnes in November, 2017, a decline of 9 per cent, according to data compiled by the Solvent Extractors’ Association of India (SEA). India had signed a comprehensive Economic Cooperation Agreement (MICECA) with Malaysia on […]

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