India's August palm oil imports drop 14% as Covid hit demand: Trade group


By Mayank Bhardwaj NEW DELHI (Reuters) - India's palm oil imports in August dropped 13.9% from a year earlier to 734,351 tonnes, a leading trade body said on Friday, due to a sluggish recovery in demand from hotels and restaurants as local coronavirus cases continued to rise.

The country's soyoil imports dropped 10.4% year-on-year to 394,735 tonnes last month, while sunflower oil imports fell 31% to 158,518 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement. India is the world's biggest.....

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