Commodities Buzz: SEA OF India Estimates 2.50% Rise In Vegetable Oil Imports In Last Six Months

As per the latest update from Solvent Extractors Association of India, the imports of vegetable oils during April 2018 is reported at 1,386,466 tons compared to 1,339,489 tons in April 2017 and 1,146,051 tons in previous month (March 18) consisting 1,368,616 tons of edible oils and 17,850 tons of non-edible oils i.e. up by 3.5%. The overall import of vegetable oils during November 2017 to April 2018 is reported at 7,318,295 tons compared to 7,138,265 tons i.e. Up by 2.5%.