"As per the industry sources, the present stock of all edible oils in the country is 21 lakh metric tonnes (LMT) approximately and 12 LMT approximately is in transit arriving in May 2022. Therefore, the country has sufficient funds to cover the lean period due to the ban on export by Indonesia"
May 1, 2022Two days after the export ban on palm oil by Indonesia became effective, India on Sunday said it has an optimum stock of all edible oils, sufficient to cover the lean period.
May 1, 2022