December 12, 2024 2:02 PM
India’s Nov vegetable oil imports hit 4-month high on festive demand
India's vegetable oil imports surged to a four-month high in November as refiners ramped up purchases of soyoil and sunflower oil, replenishing inventories after robust festival season demand, a leading trade body said on Thursday. The country's vegetable oil imports in November rose to 1.63 million metric tons, up 10.4% from a month ago, the Solvent Extractors' Association of India (SEA) said in a statement. The world's biggest edible oil importer celebrated the Dussehra and Diwali festivals ...