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The Economic Times
The Economic Times
National

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

Mumbai: India's palm oil imports in June fell to their ​lowest in 14 months ​as subdued demand and a narrowing discount to rival oils prompted ​buyers to cut purchases, five dealers said.

Lower palm oil buying by the world's biggest importer of vegetable oils could swell stocks in top producers Indonesia and Malaysia and weigh on benchmark ‌Malaysian palm ⁠oil futures .

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