Advertisement
|15 May, 2019

India's April palm oil imports drop 9.2% to 5-month low - trade body

The country imported 707,450 tonnes of palm oil in April

A worker collects palm oil fruits at a plantation in Bahau, Negeri Sembilan, Malaysia January 30, 2019.

A worker collects palm oil fruits at a plantation in Bahau, Negeri Sembilan, Malaysia January 30, 2019.

Reuters/Lai Seng Sin

MUMBAI - India's palm oil imports in April fell 9.2% from a year ago to the lowest level in five months, a leading trade body said on Wednesday.

The country imported 707,450 tonnes of palm oil in April, down from 778,884 tonnes in the same month a year ago, the Solvent Extractors' Association of India (SEA) said in a statement.

The country's vegetable oil imports in the month fell 11% to 1.2 million tonnes, the trade body said.

Advertisement

(Reporting by Rajendra Jadhav; Editing by Shreejay Sinha) ((rajendra.jadhav@thomsonreuters.com; +91-22-6180-7153 ; Reuters Messaging: rajendra.jadhav.thomsonreuters.com@reuters.net))

More From Economy