South Asia’s 2017/18 vegoil imports to hit record high on strong demand

South Asia’s edible oil imports are set to climb to an all-time high this year as lower production in the region coincides with rising consumption to drive buying of mainly palm and soybean oils from elsewhere. India seen importing 15.5 mln T of edible oil in 2017/18. Rising demand, lower oilseed output to drive India imports. Pakistan expected to buy 3.2 mln T of edible oil in 2018.