date:Jun 17, 2014
f executive of Mumbai-based trading company Sunvin Group.
Last month, the price for imported crude palm oil (CPO) averaged $876 a tonne against $934 for soyaoil and $942 for sunflower, the SEA data showed. In April, CPO was quoted at $907, soyaoil $974 and sunflower oil $946. May's total palm oil imports included refined oil of 100,605 tonnes, up 24 percent from April as the import price in May was cheaper by $31 per tonne at $866. Half of India's annual demand of 17-18 million tonnes of cooki