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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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timesofindia.indiatimes.com
India's Russian oil imports hit record high in June amid Hormuz disruptions
India's imports of Russian crude oil climbed to a record high in June as refiners increased purchases of discounted barrels to offset supply risks linked to disruptions around the…
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economictimes.indiatimes.com
India's June crude imports hit record high as Russian supplies surge despite West Asia tensions
India's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidified its role as the top supplier. This…
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tass.com
India’s June oil imports hit record 4.93 mln bpd, over half from Russia
The expert pointed out that Indian refiners have already secured oil supplies for the first half of August
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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…