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 Soybean News - India%EF%BF%BD%EF%BF%BD%EF%BF%BDs April Edible Oil Stocks At Ports And Pipelines Rose 10.7 Percent M O M: SEA
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India’s April Edible Oil Stocks At Ports And Pipelines Rose 10.7 Percent M-O-M: SEA

According to Solvent Extractors Association (SEA), India’s April edible oil stocks at ports and pipelines rose 10.7 percent m-o-m to 23.38 lakh tons from 21.12 lakh tons in March 2018. Stocks of edible oil at ports rose to 1,068,000 tons (CPO 480,000 tons, RBD Palmolein 205,000 tons, Degummed Soybean Oil 140,000 tons, Crude Sunflower Oil 220,000 tons and 23,000 tons of Rapeseed (Canola) Oil) and about 1,270,000 tons in pipelines (stocks at ports were 770,000 tons in March 2018). India is presently holding 37 days of edible oil requirement on 1st May, 2018 at 23.38 lakh tons compared to 33 days of requirements last month at 21.12 lakh tons. India’s monthly edible oil requirement is 19.0 lakh tons.