Wednesday, November 13, 2024

soyoil

India set to boost soyoil imports in 2024, palm oil purchases expected to decline

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India, the world's biggest importer of vegetable oil, is anticipated to increase its procurement of soyoil in 2024, while purchases of palm oil are likely to decline, as stated by a top dealer on Monday. Sandeep Bajoria,...

India’s palm oil imports reach three-month high amid soaring discounts

News
In November, India witnessed a surge of over 20% in palm oil imports compared to the previous month. Refiners showed a preference for this tropical oil, attracted by substantial discounts in comparison to competing soyoil and...

Indian buyers pull back on palm oil purchases amid rising prices

News
Indian buyers have scaled back their palm oil purchases for December and January shipments, attributing the decision to escalating prices and refiners confronting negative...

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