Dec Palm Oil Imports at 9-mth Low as Buyers Prefer Soyoil
Hindustan Times Jammu|January 04, 2025
India's palm oil imports in December plunged to their lowest in nine months as a rally in prices to a 2-1/2-year high prompted refiners to increase purchases of substitute soyoil that was available at a discount, five dealers said.
Reuters

MUMBAI:

Lower palm oil imports by India, the world's biggest buyer of vegetable oils, could weigh on benchmark Malaysian palm oil prices, but support U.S. soy-oil futures.

Palm oil imports plunged 40% in December from the previous month to 503,000 metric tonnes, the lowest since March 2023, according to estimates from dealers.

هذه القصة مأخوذة من طبعة January 04, 2025 من Hindustan Times Jammu.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 04, 2025 من Hindustan Times Jammu.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من HINDUSTAN TIMES JAMMU مشاهدة الكل
Hindustan Times Jammu

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SAYS NARESH CHAUHAN HIMACHAL

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Economy to grow at 6.5-6.8% in FY25: Deloitte

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