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Palm Oil (CPO) News - India%EF%BF%BD%EF%BF%BD%EF%BF%BDs October Edible Oil Stocks At Ports And Pipelines Rose 14.57 Percent M O M: SEA
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India’s October Edible Oil Stocks At Ports And Pipelines Rose 14.57 Percent M-O-M: SEA

According to Solvent Extractors Association (SEA), India’s October edible oil stocks at ports and pipelines rose by 14.57percent m-o-m to 20.05lakh tons from 17.50 lakh tons in September2021. Stocks of edible oil at ports in Septemberis estimated at 845,000 tons (CPO 270,000 tons, RBD Palmolein 260,000, Degummed Soybean Oil 175,000 tons, Crude Sunflower Oil 130,000tonsandRapeseed Oil 10,000 tons) and pipeline stock at 1,160,000 tons. Stocks at ports were 600,000 tons and in pipelines were 1,150,000 tons, in September 2021. India is presently holding 30days of edible oil requirement on 1stOctober, 2021 at 20.05lakh tons compared to 21days of requirements of 17.50lakh tons on 1st September 2021. India held 16.02lakh tons of stocks in ports and pipelines on 1st October2020. India’s monthly edible oil requirement is 21.0 lakh tons.