20/10/04 (Dow Jones)--India edible oil industry lobby group COOIT asksgovernment to review base prices for imports on monthly basis; timing ofrevision now entirely at government's discretion, which can be disruptiveto domestic mkt, says executive director K.M.L. Chhabra. Traders saymonthly review of base prices can help reduce volatility of selling pricesin India, which is good for importers and overall trading of palm oil.