Thursday, July 15, 2010

India's palm, soybean oil imports to rise

India, the world's second-biggest vegetable oil consumer after China, may boost imports of palm and soybean oils to meet rising demand during festivals amid a drop in domestic inventories. Purchases in the three months ending Oct. 31 may jump as much as 24 percent to 2.6 million metric tons from a year ago, Govindlal G. Patel, director of Dipak Enterprise, said in a phone interview today ...
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