date:Feb 14, 2016
4 percent to 1.25 million tons last month. The Solvent Extractors Association of India releases data in the middle of the month.
India, which depends on overseas supplies to meet 70 percent of its cooking oil needs, is boosting purchases after the first back-to-back shortfall in monsoon rainfall in three decades trimmed its oilseed harvest. Rising Indian appetite for palm oil may help futures in Kuala Lumpur extend gains from a 21-month high amid dwindling supplies from Indonesia and Malaysia,