Consumption of sugar and edible oils in India, the world’s largest market, is declining as a shortage of commercial gas cylinders has forced restaurants to scale back operations during the summer holiday season.
Lower consumption could curb India’s imports of edible oils, including palm oil from Indonesia and Malaysia, and soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine.
Roadside eateries and restaurants are facing gas cylinder shortages, which is reducing their edible oil consumption, said B.V. Mehta, executive director of the Solvent Extractors’ Association of India (SEA), noting that India’s edible oil imports fell nearly 9% in March from the previous month to 1.2 million tons.
These restaurants serve popular dishes such as samosas and chole bhature, which are typically deep-fried.
Source link
#plans #impose #curbs #sugar #exports #Food #Secretary #Sanjeev #Chopra
