February 24, 2024

New Malaysia Times

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India’s palm oil imports from Malaysia up 49 pct in August 2022

palm oil

NEW DELHI, Sept 14 — India imported 353,556 tonnes of palm oil from Malaysia last month, up 49 per cent from July 2022, as its overall edible oil imports grew 14 per cent month-on-month.

The imports from Malaysia comprised 306,376 tonnes of crude palm oil (CPO), 39,480 tonnes of RBD palm olein, and 7,700 tonnes of crude palm kernel oil, according to data released by the Solvent Extractors’ Association of India (SEA) on Tuesday.

palm oil

In July, Indian palm oil imports from Malaysia totalled 237,778 tonnes, including 215,064 tonnes of CPO.

India imported 1.37 million tonnes of edible oils in August compared with 1.2 million tonnes in the previous month, SEA said.

Palm oil’s share of August’s edible oil imports was more than 72 per cent.

NMT as reported by Bernama