Indias May Palm Oil Imports Set To Rise Despite Indonesias Export Ban

Author : Dhowcruise
Publish Date : 2022-04-26


MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.

MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indonesia to fulfil nearly half of its palm oil requirement of around 700,000 tonnes per month. In March, India imported 207,362 tonnes of palm oil from Indonesia, including 145,696 tonnes of RBD palmolein.MUMBAI: India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports as most of the contracted quantity will be loaded before Jakarta's ban becomes effective, traders told Reuters. The world's biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorized (RBD) palm olein but will allow exports of crude palm oil (CPO) or other derivative products. The ban could dent India's imports in June as refiners are struggling to secure supplies from Malaysia, traders said. "Vessel loading is nearly done for May shipments at Indonesian ports. That quantity would be unloaded in India next month," said Sandeep Bajoria, chief executive of Sunvin Group, a Mumbai-based vegetable oil brokerage and consultancy firm. India is the world's biggest importer of palm oil and relies on Indone



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