MUMBAI (Reuters) - India's palm oil imports in January plunged to their lowest level in nearly 14 years as refiners replaced the tropical oil with cheaper rival soyoil because of negative refining ...
This trend is a key concern for the Indian economy. In the first nine months of the current financial year, India’s oil import dependency reached 88.1 per cent, up from 87.5 per cent in the same ...
Reuters reported last month that palm oil imports would sink to a multi-year low in January as refiners were shifting to soyoil. Soyoil imports in January rose 4 per cent from a month earlier to ...