India's vegetable oil imports in December fell 10 percent from a year ago to 1.1 million tonnes as refiners slashed overseas soy-oil purchases after supplies rose from the local crop, a trade body said on Friday. The country's imports of soy-oil stood at 79,250 tonnes for the month, well down on the 232,132 tonnes bought last year, the Solvent Extractors' Association, a Mumbai-based trade group for oil-seed processors, said in a statement.
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ReplyDeleteMentha oil futures were trading lower during the afternoon trade in the domestic market on Tuesday.
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