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India's Palm Oil Imports Hit 14-Month High in October

India's palm oil imports rose to a 14-month high of 866,000 metric tons in October. Soyoil imports reached a record 653,000 tons. Overall edible oil imports grew 13% to 1.74 million tons during the festive season, reflecting higher demand. Palm and soyoil are widely used cooking oils in India.

Context

Context: India imports most of its edible oil, so import data shows how much cooking oil the country depends on foreign supply. Palm oil is the most used, with soyoil next, and festive-season buying often pushes import numbers up.

Economic Times
Burning Potato score: 61%

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