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The Economic Times
The Economic Times
National

India's edible oil imports to surge July-October as supplies shrink before festivals

Mumbai: India's edible oil imports are set to climb between July ​and October as slower soybean ​and rapeseed crushing erodes domestic supplies, ahead of peak festive demand, industry ​officials said on Wednesday.

Imports are expected to rise to an average of 1.5 million tons a month between July and October, B.V. Mehta, executive director of the Solvent Extractors' Association of India and four ‌other industry officials ⁠told ⁠Reuters.

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