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Edible oil industry seeks futures trading return
The Business Guardian
|November 26, 2024
Since December 2021, the suspension of futures trading in seven agricultural commodities has been extended periodically, now until December 20, 2024.
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Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and crude soybean oil.
In December 2021, the Securities and Exchange Board of India (SEBI) suspended futures and options trading in seven agricultural derivatives, including the two commodities mentioned above.
Notably, India is the world's second-largest consumer and number one vegetable oil importer, and it meets 55-60 per cent of its needs through imports.
Diese Geschichte stammt aus der November 26, 2024-Ausgabe von The Business Guardian.
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