 "India's palm oil imports dip 4.8% in 2021/22, soyoil overseas buying up 45%")
MUMBAI (Reuters) - India's palm oil imports in 2021/22 fell 4.8% from a year ago as the overseas buying of soyoil jumped 45.3% to a record high after Indonesia restricted shipments of the tropical oil, a leading trade body said on Monday.
The country's palm oil imports in the marketing year ended on Oct. 31 fell to 7.9 million tonnes from 8.3 million tonnes a year ago, Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement.
(Reporting by Rajendra Jadhav and Arpan Varghese; Editing by Louise Heavens)
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