NEW DELHI (March 11 2003) : A leading Indian edible oil trade body hasestimated the country's domestic availability of vegetable oil in 2002-03(November-October) at 4.8 million tonnes compared with 6.0 million tonneslast year.

The Central Organisation for Oil Industry and Trade (COOIT) said theshortfall of 1.2 million tonnes was unlikely to lead to a similar jump inimports.

"The imports are going to be in the range of 4.4 to 4.6 million tonnes,"COOIT Chairman Sandeep Bajoria told Reuters.

India, the world's largest importer of edible oils, bought 4.4 milliontonnes last year.

It buys palm oils from countries like Malaysia and Indonesia and soya oilfrom Argentina, Brazil and the United States.-

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