Sep 09, 2020
·
India’s biggest edible oil conference has been postponed for the second time for the year 2021 due to the rapid spread of corona in the world’s biggest importer of vegetable oils, the organizers announced recently.
“Earlier perceiving the spread, Globoil India 202 had already been rescheduled to 30th Oct to 1st Nov 2020, will now be conducted in January 27th to 29th 2021, in the view of rising health concerns due to COVID-19”, organisers Teflas and trade body Solvent Extractors’ Association (SEA) said in a statement.
Globoil India is held annually since last 23 years, and attracts around 1,000 industry players from more than two dozen countries, SEA stated.
India primarily imports palm oil from Indonesia and Malaysia, while it sources soy oil from Argentina and Brazil. India also buys sunflower oil from Ukraine and small portion of imports of canola oil from Canada.
Malaysia has cancelled its biggest palm oil conference for the first time in 31 years after initially postponing it to June due to uncertainties surrounding the pandemic.