Edible oil imports dip marginally by 1.6% in first 9 months of FY24: SEA

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Edible oil imports dip marginally by 1.6% in first 9 months of FY24: SEA - Business Standard

Quick Summary:

India's edible oil imports declined marginally by 1.6 per cent to 119.35 lakh tonnes in the first nine months of 2023-24 marketing year ending October, according to industry body SEA.

Imports of cooking oils stood at 1,19,35,227 tonnes during November 2023-July 2024 period as against 1,21,22,711 tonnes in the corresponding period of 2022-23 marketing year.

Solvent Extractors' Association of India (SEA) data showed that imports of non-edible oils, however, increased to 1,88,955 tonnes from 1,32,242 tonnes.