India's April palm oil imports drop 24%, remain below normal levels, dealers say

India's palm oil imports saw a dip in April. This decline is due to palm oil's higher price compared to soyoil. Consequently, soyoil purchases increased. Overall edible oil imports also decreased. However, palm oil is now cheaper than soyoil. This shift may lead to increased palm oil purchases in May. Nepal's edible oil imports also experienced a decrease in April.