India's Sept palm oil imports jump 21 pct - trade body


MUMBAI, Oct 14 (Reuters) - India's palm oil imports surged20.6 percent in September from a month ago, rising for the firsttime in four months, as a rebound in the rupee prompted refinersto raise purchases for the peak festive season.

The world's leading buyer of palm oils imported 644,386tonnes in September, including 167,601 tonnes of refined palmoil, the Solvent Extractors' Association (SEA) said in astatement on Monday.

Total vegetable oil imports during the month jumped 14percent to 863,917 tonnes, it said.

Demand for edible oils in the world's second most populouscountry usually increases in the December quarter as Indiacelebrates key festivals like Dussehra and Diwali.

The Indian rupee gained 5 percent in September tosnap a four-month losing streak.

A Reuters survey had forecast average vegetable oil importsat 881,000 tonnes in September, including 614,000 tonnes of palmoil. (Reporting by Rajendra Jadhav; Editing by Sunil Nair)

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