Breaking News-RTRS-UPDATE 1-Edible oils demand rise dented but defiant

LONDON, June 24 (Reuters) - The global economic crisis is dragging on demand for edible oils but production and consumption are expected to increase markedly over the longer term, an industry analyst said on Wednesday.
"Edible oil consumption is growing but with a temporary slowdown," said Vito Martielli, industry analyst with Rabobank.
"Confidence and economic recovery are key to a recovery in demand," he told The Public Ledger's Edible Oils 2009 conference.