MUMBAI: The country’s vegetable oil imports in the 2014/15 marketing year rose 23.6 per cent from a year earlier to a record 14.61 million tonnes as a drop in local oilseed production prompted refiners to raise overseas purchases, an industry body said in a statement.
Imports in October rose 34 per cent from a year earlier to a record 1.65 million tonnes, the Solvent Extractors’ Association said on Monday. Imports of soyoil in the marketing year ended on Oct. 31 rose to million tonnes from 1.95 million tonnes a year ago, it said.