SEA Of India Estimates 7 percent Decline In Edible Oil Imports In May, 2018

As per the latest release by Solvent Extractors Association of India (SEA), the import of vegetable oils during May 2018 is reported at 1,286,240 tons compared to 1,384,439 tons in May 2017 consisting 1,246,462 tons of edible oils and 39,778 tons of non-edible oils i.e. down by 7%. The overall import of vegetable oils during November 2017 to May 2018 is reported at 8,604,535 tons compared to 8,522,704 tons i.e. Up by 1%.