date:Dec 23, 2013
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The south Asian country fills more than half its edible oil demand through imports, consisting mainly of palm oil sourced from Indonesia and Malaysia. It also buys soyoil from Argentina and Brazil, and sunflower oil from Ukraine.
India's total palm oil imports may drop marginally this year due to a correction in prices of sunflower and soyoil, Shahra said.
The gap between palm and soft oils - sunflower and soyoil - has narrowed ... hence we are expecting an increase in import volumes of soy