MEDAN - India admitted still very dependent on the Indonesian palm oil and believes denggan imports continue to rise as demand / growing need.
"Of the 7.59 million tons of palm oil imports India last year for example, mostly from Indonesia," said President of the Solvent Extractors Association of India (SEA), Pravin S Lunkad in Medan on Sunday.
Pravin and dozens of other woods SEA members who are importers of vegetable oils that are in North Sumatra since Thursday, March 4th and then to see the plantations and the palm oil industry in the region and discuss business opportunities with employers Sumatra.India, he said, increasingly dependent on palm oil from Indonesia for reasons other than the need arose, the Indonesian palm oil is also known to more and have good quality.
A visit to the gardens and palm industry Sumatra like to PTPN IV which was considered sufficient to comply, he said, making the Indian belief will still increase its imports.
But he admits, the tax effects such as export duties (BK) imposed Indonesia and import duties (BM) by India, greatly affect the volume of imports of palm oil and other derivative products.
"Maybe it (BK and BM) need to be," he said.
At the tomb of the night, on Thursday, he explained, with a population of 1.2 billion people, India requires 18 million tons of vegetable oil in which 11 million tons of which are in the form of imports.
Of the 11 million tons, 7.59 million tons in the form of palm oil and the rest of the soybean oil, sunflower oil, and rapeseed flower.
"For oil, mostly from Indonesia and Malaysia," he said, accompanied by the Executive Director of SEA, BV Mehta.
In 2013, the percentage of imports of palm oil from Indonesia and Malaysia respectively by 70 percent and 30 percent of the needs of India.
Whereas in 2014, the composition of India's imports from Indonesia and Malaysia respectively 60 percent to 40 percent.
"In 2014, imports from Indonesia decreased due to BK higher CPO and palm products," he said.
Pravin said, this year, there were predictions of Indian imports increased, due to the oil and vegetable oil production in India declined amid rising needs.
The decline in production due to the influence of weather
From last year, India's production of 7.1 million tonnes could, this year is estimated at only 6.8 million tonnes.
"With the prediction of production down, then this year, imports will be even greater," he said.
Vice Chairman of the Delegation of India, GG Patel, asserted, warm welcome businessmen Sumatra and look directly into the garden and palm oil processing process that looks very nice and standards, making Indian businessmen are increasingly convinced that the commodity business with oil businessman Sumatra.
Chairman DMSI, Derom Wake up, say, India is a major importer of oil Indonesian state along with the People's Republic of China (PRC), the United States and Europe.
"Visit India who viewed directly condition the garden and palm oil industry in North Sumatra and said very nice, comforting. Especially in the middle of the ongoing issue of negative campaigning," he said.
Executive Director GIMNI, Sahat Sinaga said the negative campaign issue must be pressed continuously.
Besides oil should continue to promote overseas, he said, palm positive campaign should also be carried out in the country.
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