Indian oilseed production forecast to drop
date:Apr 11, 2014
patterns are expected to raise edible oil consumption by 10 per cent to 19.1 MMT in MY 2013/14. As a result, imports will reach 11.3 MMT. Similarly, MY 2014/15 consumption and imports are forecast at 20.4 MMT and 12.4 MMT, respectively. Indias per capita edible oil consumption is estimated at 15.07 kg and remains significantly short of the current global average of 22.8 kg.
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