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Palm Oil (CPO) News - Palm oil imports soared up in August 2022
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Palm oil imports soared up in August 2022

Total palm oil imports shot up in August 2022 to 9.94 Lakh Tonne (LT) compared to 5.30 LT in previous month, up by 88%. A significant jump in demand is seen mainly due to festival season. BMD palm oil prices are also gradually rising as India’s Palm oil import picks up.

Category

Imports in Aug’22

Imports in July’22

M-o-M % Change

Total Palm oil Imports (RBD Palmolein + CPO + Crude olein + CPKO)

994,997

530,420

88%

RBD Palm Olein Imports

202173

43555

364%

CPO imports

782624

480,677

63%