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Soybean News - India%EF%BF%BD%EF%BF%BD%EF%BF%BDs Sept Edible Oil Stocks At Ports And Pipelines Rose 3.24 Percent M O M: SEA
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India’s Sept Edible Oil Stocks At Ports And Pipelines Rose 3.24 Percent M-O-M: SEA

According to Solvent Extractors Association (SEA), India’s September edible oil stocks at ports and pipelines rose by 3.24percent m-o-m to 17.50lakh tons from 16.95 lakh tons in August2021. Stocks of edible oil at ports in Septemberis estimated at 600,000 tons (CPO 195,000 tons, RBD Palmolein 75,000, Degummed Soybean Oil 215,000 tons, Crude Sunflower Oil 110,000tonsandRapeseed Oil 5,000 tons). Stocks at ports were 585,000 tons and in pipelines were 1,110,000 tons, in August2021. India is presently holding 21days of edible oil requirement on 1stSeptember, 2021 at 17.50lakh tons compared to 20days of requirements of 16.95lakh tons on 1st August 2021. India held 17.31lakh tons of stocks in ports and pipelines on 1st Sept2020. India’s monthly edible oil requirement is 26.0 lakh tons.