MMTC invites bids for import of 12,000 tons of RBD palm oil

NEW DELHI, Apr 17: State-run MMTC has invited bids for import of 12,000 tonnes of RBD palmolein to be delivered by May 7.
Bids will open on April 23 and closes on the same day, the company said.
The first lot shipment of 6,000 tonnes should be delivered by April 30 and the rest by May 7, it said, adding that bidders will have to import the edible oil either from Indonesia or Malaysia.
The shipment should reach Kakinada and Krishnapatnam ports in Andhra Pradesh, it added.
India imports about 50 per cent of domestic requirement of vegetable oil. (PTI)

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