In January, India’s palm oil imports hit a 14-year low as refiners opted for cheaper soyoil due to negative refining margins. Palm oil imports plunged...
Indian oil refiners have cancelled purchases of 1,00,000 metric tons (MT) of palm oil scheduled for delivery between October 2024 and December 2024.Β They took...
The government cut the import duty on edible oils, mainly palm oil, soyabean oil and sunflower oil, to control increasing cooking oil prices and inflation....