India, Sept. 14 -- The Solvent Extractors Association of India has compiled the Import data of Vegetable Oils (edible non-edible) for the month of August 2020. Import of vegetable oils during August 2020 down by 14% to 1370457 tons compared to 1586514 tons in August 2019 consisting 1308405 tons of edible oils and 62052 tons of non-edible oils. However the overall import of vegetable oils during November 2019 to August 2020 is reported at 11195890 tons compared to 12867486 tons during the same period of last year i.e. down by 13%.
The import of edible oils is reduced mainly due to demand destruction since April 20 from HoReCa segment hitting lower import mainly of Palm Products. The overall import during oil year 2019-20 (Nov-Oct) may witne...