Wim’s News – India’s palm oil imports fall in July as soy oil jumps to record high
As refiners ramped up purchases of rival soy oil to take advantage of New Delhi’s move to allow duty-free imports of the vegetable oil to calm all-time high prices, India’s palm oil imports fell 10% in July. As the world’s largest edible oil importer increases purchases of U.S. soyoil, palm oil’s share of Indian purchasing …
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