NEW DELHI, May 17 (Reuters) - India's MMTC Ltd has
cancelled a tender to buy 18,000 tonnes of refined, bleached and
deodorised (RBD) palmolein, trade sources said on Friday.
The state-run trading company did not give any reason for
the cancellation, the sources said.
MMTC buys regularly vegetable oils on behalf of state
governments for cheaper sale to the poor. Last week, it floated
the global tender seeking to buy palm oil from Indonesia and/or
India, the world's top vegetable oil importer, buys mainly
palm oils from Malaysia and Indonesia, and a small quantity of
soyoil from Brazil and Argentina.
(Reporting by Ratnajyoti Dutta; editing by Malini Menon)