SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Palm oil imports rises by 10.06% to 92.93 LT in 2016-17

15 Nov 2017 Evaluate

The imports of palm oil rose by 10.06% to 92.93 lakh tonnes (LT) in 2016-17 marketing year that ended in October compared to 84.43 LT during the last marketing year (November-October). As per data compiled by industry body Solvent Extractors Association (SEA), the rise in import can be attributed to lower domestic production. The country’s total vegetable oils (edible and non- edible) import increased by 4.75% and stood at 154.40 LT in 2016-17 from 147.38 LT the last year.

Among palm oil products, import of RBD palmolein increased to 28.71 LT in the 2016-17 marketing year from 26.23 LT in the year-ago. The shipment of crude palm oil (CPO) increased to 63.35 LT, as against 57.49 LT, while the import of crude palm kernel oil (CPKO) jumped 87,000 tonnes, from 71,000 tonnes in the said period.

Further, among soft oil, import of sunflower oil increased to 21.69 LT in 2016-17 from 15.16 LT last year. The shipment of soybean oil declined to 33.16 LT from 42.35 LT, while that of mustard seed oil to 2.93 LT from 3.77 LT in the said period.



About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×