Thursday, December 15, 2011

RTRS-Crude palm drives India vegoil imports up 28 pct y/y

MUMBAI, Dec 14 (Reuters) - India's crude palm oil imports rose but the costlier refined purchases fell in November compared with the previous month despite efforts by Indonesia to push the sale of the refined variant, data from a top trade body showed on Wednesday.

Refined oil imports by India, the world's biggest vegetable oil importer, were down because of lower supplies from the Southeast Asian country which is still trying to boost its refining capacity.