India's June palm oil imports fall to 14-month low as demand softens, dealers say

India's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils. This significant drop, alongside reduced soyoil and sunflower oil purchases, signals a broader decline in edible oil imports. Factors like cautious buying by refiners, cooking gas issues, and intense heat are impacting consumption, potentially affecting global supply dynamics.

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