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Palm Oil (CPO) News - India%EF%BF%BD%EF%BF%BD%EF%BF%BDs June Edible Oil Stocks At Ports And Pipelines Rose 7.23 Percent M O M: SEA
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India’s June Edible Oil Stocks At Ports And Pipelines Rose 7.23 Percent M-O-M: SEA

According to Solvent Extractors Association (SEA), India’s Juneedible oil stocks at ports and pipelines rose 8.35percent m-o-m to 19.60 lakh tons from 18.09lakh tons in May2021. Stocks of edible oil at ports in June estimated at 570,000 tons (CPO 285,000 tons, RBD Palmolein 1,000, Degummed Soybean Oil 125,000 tons and Crude Sunflower Oil 160,000) and about 1,390,000 tons in pipelines. (Stocks at ports were 491,000 tons and in pipelines were 1,318,000 tons, in May2021). India is presently holding 23days of edible oil requirement on 1st June, 2021at 18.09lakh tons compared to 22 days of requirements of 18.09lakh tons on 1st May2021. India held 9.45lakh tons of stocks in ports and pipelines on 1st June2020. India’s monthly edible oil requirement is 26.0 lakh tons.