Palm oil imports fall 15% to 4.39 lakh tonnes in May

India's palm oil imports declined 14.59% to 4,39,173 tonne during May this year, but there was a sharp rise in shipments of crude sunflower oil, industry body SEA said on Thursday. India, the world's leading vegetable oil buyer, imported 5,14,022 tonne palm oils in May 2022.

However, India's total vegetable oil imports declined marginally to 10,58,263 tonne in May this year from 10,61,416 tonne year-ago.