💨 Abstract

India's palm oil imports in January dropped to a 14-year low due to negative refining margins and higher prices, causing refiners to turn to cheaper soyoil. Palm oil imports fell by 45% to 275,241 metric tons, while soyoil and sunflower oil imports increased. Total vegetable oil imports decreased by 14.8%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖