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Edible oils import falls 29% in Sep tonnes on lower palm oil shipments

Business Standard LogoBusiness Standard8h ago

Edible oils import falls 29% in Sep tonnes on lower palm oil shipments - Business Standard

Quick Summary:

India's import of edible oils fell 29 per cent annually in September to 10,64,499 tonnes due to lower inward shipments of crude and refined palm oils, according to industry data.

In the edible oil category, the SEA data showed that import of crude pall oil declined to 4,32,510 tonnes last month from 7,05,643 tonnes in September last year, while refined palm oil shipments were down to 84,279 tonnes from 1,28,954 tonnes.

According to the data, import of vegetable oils in September declined 30 per cent to 10,87,489 tonnes compared to 15,52,026 tonnes a year earlier.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 15:24:56 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22995151

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 250 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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