NEW DELHI, Nov 28 (Reuters) - Indian officials were non-committal onWednesday about any immediate plans to revise the base prices for palmolein.Rumours have been circulating in the market this week that India, theworld's largest edible oil importer, plans to raise its RBD palm oleinbase price to $340 a tonne from $307.India fixes the base prices of various edible oils to preventunder-invoicing and to ensure the government does not lose revenue fromimport duties. Importers will have to pay duty on the fixed import pricesof the oil irrespective of the actual purchase prices.Traders in Kuala Lumpur said India uses an average C&F price for palmoil, in this case November, to determine the base price for the followingmonth.One official in the Finance Ministry said there was no immediate plansto change the base prices for edible oils but declined to comment further.Other ministry officials were also not forthcoming on the issue.In the key Malaysian market December RBD palm olein was offered onWednesday at $312.50, with January at $317.50 and February/March at $325.India imported a record 4.8 million tonnes of edible oils in the yearto October 2001, up from 4.49 million the previous year, according to theindustry estimates.Annual demand for edible oil in India is forecast to rise to 13-14million tonnes by 2004/05 (Nov-Oct), from about 11 million tonnes atpresent.