Palmoil imports plunge 90% in March with fresh curbs

Refined palmolein imports have plunged drastically following the federal government putting RBD Palmolein below the limited list, in accordance to trade physique Solvent Extractors’ Affiliation of India (SEA). The Centre had set RBD Palmolein below the limited list with impact from January eight, 2020.

The imports of RBD Palmolein fell 90% in March 2020 to 30,850 tonnes, from the past-calendar year period’s 3,twelve,673 tonnes.

For the interval November 2019 to March 2020, the imports were sixty six for each cent significantly less YoY, SEA claimed.

In a report compiled and introduced by it primarily based on the interim provisional info

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