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India increased its imports of vegetable oils by 1%
According to SEA, import of vegetable oils to India by the end of 2015/16 was 14.5-14.6 million tons, just 1% higher than the previous season
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This result is the lowest annual growth rate over the last 6 years. The reason for such low growth was mainly due to increase in domestic production in the country amid the growth of gross harvest of oilseeds.

However, in 2016/17 MG analysts expect much more growth in foreign purchases of vegetable oils by India to 25.26 million tons, which exceeds the result of the previous season by 37%



Translated by service "Yandex.Translation"
Источники: Reuters
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