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India's edible oil imports to surge July-October as supplies shrink before festivals
India's edible oil imports will increase from July to October. This rise is due to slower domestic soybean and rapeseed crushing operations. Higher imports are expected to meet demand before the festive season begins. Refiners are actively purchasing palm and soy oil for upcoming shipments. This will support global vegetable oil futures and reduce supplier inventories.
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economictimes.indiatimes.com
Godrej Agro to expand oil palm area to 1.4 lakh hectares, bets on rising demand
Edible oil prices are expected to stay elevated for several months ahead. Geopolitical tensions and El Nino threats are tightening global supplies significantly. Indonesia's…
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India's edible oil imports to surge July-October as supplies shrink before festivals
India's edible oil imports will increase from July to October. This rise is due to slower domestic soybean and rapeseed crushing operations. Higher imports are expected to meet…
