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Wednesday, October 23, 2024

Rajesh Patel

Indian buyers have scaled back their palm oil purchases for December and January shipments, attributing the decision to escalating prices and refiners confronting negative margins. Industry officials, speaking to Reuters on Thursday, highlighted the challenges faced...
India's palm oil and sunflower oil imports saw substantial growth in the fiscal year 2022/23, surging by 24% and 54%, respectively, reaching record highs. This notable increase was fueled by a resurgence in consumption and the...

India marks a 19% decline in edible oil imports due to soaring palm oil inventory

India's edible oil imports experienced a 19% decline in September compared to the previous month's record high. This drop was primarily attributed to a...

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