India’s palm oil imports in February fell 18% from a month prior due to greater costs, whereas sunflower oil imports plunged 50% as provides from the Black Sea area have been disrupted after Russia invaded Ukraine, a number one commerce physique mentioned on Monday.
India purchased 454,794 tonnes of palm oil in February and 152,220 tonnes of sunflower oil, the Mumbai-based Solvent Extractors’ Association of India mentioned in an announcement.
Russia calls its actions in Ukraine a “particular operation”.
(Reporting by Rajendra Jadhav; Editing by Christopher Cushing)
(Only the headline and film of this report might have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)
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