Indian palm oil imports grew 7% in May compared to the previous month.

India imported 549,300 tons of palm oil in May this year, a volume 7% higher than that landed in April, but still below normal levels for the month, according to data from the Solvent Extractors Association (SEA), released on Monday (15). In the same comparative period, Indian imports of soybean oil rose 37% to 493,800 tons, while sunflower oil imports decreased by almost 32% to 295,700 tons. The individual growth in palm and soybean oil landings increased the total volume of Indian vegetable oil imports by 4.2% in May to 1.37 million tons, the highest level in three months. India obtains most of its palm oil from Indonesia and Malaysia, while soybean oil and sunflower oil are mainly imported from Argentina, Brazil, Russia, and Ukraine.

This text was translated by machine from Brazilian Portuguese.