Peanut oil exports broke new grounds

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According to IOPEPC (Indian Oilseed and Produce Export Promotion Council), peanut oil exports from India are estimated to touch a record level of [swpm_protected visible_to=”logged_in_users_only” custom_msg=’This content is for members only. Please login or sign up now.’] 225,000 tons in fiscal 2020-21, which shows a jump of 140% from 40,000 tons exported in 2019-20, suggest estimates by oil millers in Gujarat.

The state accounts for about 85% of the peanut oil exported from the country. High demand from China on account of damage to its domestic crop due to flooding mainly resulted in higher exports of peanut oil from India.

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