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India's May palm oil imports reach 4-month high on price drop-dealers.
Jun 05, 2024

India's palm oil imports rose by 12.4% in May from the previous month to reach the highest level in four months as the recent correction in prices led to higher purchases, five dealers told Reuters.
Higher palm oil purchases by India, the world's biggest importer of vegetable oils, could support the benchmark Malaysian palm oil futures that fell to their lowest level in more than three months in May.
    

thehindu.com

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