India palm oil imports surge 36.2% in January.

India, the world’s leading vegetable oil buyer, had imported 6,12,762 tonne palm oil in January 2017. The country’s total vegetable oil imports increased by over 25 per cent to 12.91 lakh tonnes in January this year from 10.28 lakh tonnes in the year-ago. Palm oil imports surged by 36.17 per cent to 8,34,444 tonnes in January 2018 on increased shipment of crude palm oil (CPO). India had imported 6,12,762 tonne palm oil in January 2017. The country’s total vegetable oil imports increased by over 25 per cent to 12.91 lakh tonnes in January this year from 10.28 lakh tonnes in the year-ago.