India's MMTC tenders to import 18,000T of RBD palmolein

Last Updated: Fri, May 17, 2013 13:40 hrs

MUMBAI, May 17 (Reuters) - State-run MMTC has tendered to import 18,000 tonnes of refined, bleached and deodorised (RBD) palmolein of Indonesian and Malaysian origin on immediate basis or latest by June 5 on the east coast.

The last date for submission of bids is May 22, it said in a statement posted on its website. Earlier in the day, the state-run company had cancelled a similar tender.

MMTC regularly buys vegetable oils on behalf of state governments for sale at cheaper prices to the poor.

India, the world's top vegetable oil importer, buys palm oil mainly from Malaysia and Indonesia, and a small quantity of soyoil from Brazil and Argentina. (Reporting by Siddesh Mayenkar; Editing by Prateek Chatterjee)

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