Palm | Kelapa Sawit

NEW DELHI, Sept 22 (Reuters) - India is likely to continue with tax-free imports of crude vegetable oils despite record purchases and mounting pressure from refiners to curb overseas supplies, a widely respected analyst said on Wednesday.
India, the world's biggest edible oil importer, bought a record 1.06 million tonnes in August, 64 percent higher than a year ago. Purchases since the beginning of the year in November are up 5 percent at 7.45 million tonnes.
Alarmed by all-time high imports, leading trade and industry bodies have repeatedly requested that the government levy a tax to discourage imports.