World Perspectives
soy-oilseeds softs biofuel

Indian Subcontinent Regional Analysis

High Duty Reduces Edible Oil Imports Edible oil imports dropped in December 2017 following an increase in the duty the previous month, falling approximately 9.88 percent to 1.058 MMT versus 1.174 MMT in December 2016. They totaled 2.283 MMT for the two months of November and December 2017, down only 2 percent from 2.330 MMT during the same period of the previous year. Refined oil imports declined 47.43 percent to 0.254 MMT in November-December 2017 from 0.486 MMT the previous year. However, crude oil imports increased 10.09 percent to 2.029 MMT from 1.843 MMT in November-December 2016. Soft oil imports also rose to 0.843 MMT in those months last year from 0.805 MMT in the same two-month period of 2016. Meanwhile, palm oil imports were dow...

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