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State-owned trading firm MMTC has invited bids for the import of about 22,000 tonnes of RBD palmolein for sale in the domestic market.
The last day for submission of bids is November 2 and a decision on awarding the contract will be taken on the same day, the company said on its website.
MMTC is seeking 6,000-12,000 tonnes of palm oil at Kakinada port by November 15 and another 8,000-10,000 tonnes at Krishnapatnam and/or Kakinada ports by November 30.
The palmolein to be imported should be from Indonesia and/or Malaysia, it added.
RBD palmolein is a refined, bleached and deodorised form of palm oil, which is extracted after crushing palm fruit. It is used as an edible cooking oil.
MMTC, PEC and STC import edible oils on behalf of the government for distribution through ration shops to meet the domestic demand.
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