Tag: palm oil demand
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India: Edible oil prices firm on stronger palm demand and higher import costs
Palm oil prices may rise by INR 1/kg as stronger overseas markets, active refinery buying and lower Malaysian production support sentiment Soybean oil remains stable to firm, with import costs INR 2-3/kg above domestic prices India’s edible oil market is expected to remain stable to firm on October 9, supported by stronger international prices, domestic…