India’s palm oil imports during December 2023 rose to the highest level, since 4 months as import of refined palm oil increased due to its lower prices. India’s December palm oil imports higher by 1.9% from November to 886,000 tons according to the dealers estimates. Refined palm oil imports jumped by 47% to 252,000 tons, Sunflower oil imports in December more than double to 263,000 tons, highest in 3 months according to their estimates.Higher imports of palm oil and sunflower oil effect total imports of edible oil to India to 1.3 million tons, which higherby 13.3% from November 2023. Soy oil imports in December rose by 1.4% from November 23 to 152,000 tonsbut for below the average imports of 306,000 tons, due to negetive refining margins and higher premium over alternative edible oils. Malaysian palm oil futures fell by RM 43 or 1.2% to RM 3617 ($ 780.87) per ton to by midday break today 3/1/2024 . Rival edible oil Soybean oil prices are also lower due to weak demand.