India imported 1.337 MMT of vegetable oil in November 2015 versus 1.189 MMT during the same month a year ago, which has pulled prices down. While this may be good for consumers and the trade, there is no benefit for the domestic solvent extraction companies that focus on selling oil and de-oiled cakes. Sugar Industry Remains under Pressure The Indian Sugar Manufacturers Association (ISMA) has asked the government of India (GOI)/Ministry of Commerce to sign a bilateral agreement that would encourage neighboring countries, especially Bangladesh and Sri Lanka, to buy sugar from India. For many years, it was the sole supplier to those two countries with annual exports totaling 2.2 MMT. More recently, however, neighboring countries have starte...