Vegetable oil imports seen going up

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Vegetable oil imports are likely to be around 13.75 million tonnes (mt) during the current oil year (November 2020 to October 2021) as against 13.64 mt in the previous oil year, according to the Indian Vegetable Oil Producers Association. Imports had declined from 15.82 mt in 2018-19 to 13.64 mt in 2019-20 due to the impact of the Covid-19 pandemic, said a report.