India's edible oil imports hit 10-month high in July on festival demand
MUMBAI: India’s edible oil imports rose to their highest level in 10 months in July as refiners stepped up purchases of palm oil and soyoil to replenish inventories ahead of the festival season, a leading trade body said on Thursday. Increased demand from the world’s biggest importer of vegetable oils could help top producers Indonesia, Malaysia and Argentina in bringing down stocks and support…
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