Indian Refiners very lately acknowledged Higher VegOils Import Pain/Low Import charm in Trade
-took 6 mths time to correct April/Sep higher Import mistake
-Overseas Prices correct fast:Prices melts/LC limits surplus on EdibleOil low Prices
-so floods India/April-Sep Import 14 LacTon extra to LY
Refiners Heavy Imports mistake crash Mkts
-SoyRef crash Rs 16kg/RBD Olin lost Rs 13kg in April/Sep 2023
-Imports begin to drop onward Sep on record Ports+PipeLine stok
-Oct 23/March 24 Imports dropped 16.85 LacTon vs LY
-Imports slash 10 LT in Oct/Dec
-drops another 6.85 LT in Jan/March mths