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India's Palm Oil Imports Reach Four-Month High
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Overview
API
India's palm oil imports hit a four-month high in December, driven by competitive prices and the purchase of refined palmolein. Sunflower oil imports also surged, leading to total edible oil imports of 1.3 million metric tons, up 13.3% from the previous month.
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How does the increase in sunflower oil imports impact the palm oil market?
What are the potential implications of India's increased reliance on soyoil and sunflower oil?
What factors contributed to the surge in palm oil imports?
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