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NEW DELHI: India imported 549,881 tonnes of vegetable oil in February, down 21.5 percent in the same month a year ago, trade data released on Monday showed, largely due to higher crushing of domestic oilseeds.
India, the world's No. 1 importer of cooking oils, buys mainly palm oil from Indonesia and Malaysia and a small quantity of soy oil from Argentina and Brazil.
It imported 700,769 tonnes in February 2010.
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