Import of Vegetable Oil down by 8% in August 2016 from August 2015

Import of vegetable oils during August, 2016 is slow down due to high stock and reported at 1,261,827 tons compared to 1,374,049 tons in August, 2015, consisting of 1,248,951 tons of edible oils and 12,876 tons of non-edible oils i.e. down by 8%. The Solvent Extractors' Association of India has compiled the Import data of Vegetable Oils (edible & non-edible) for the month of August 2016. The overall import of vegetable oils during first ten months of the current oil year 2015-16, Nov.'15 - Aug.'16 is reported at 12,165,555 tons compared to 11,725,065 tons i.e. up by 4%.

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