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Top Palm Oil Buyer Expects 23% Jump In Imports

Palm oil's big discount is unsustainable and is likely to narrow, Patanjali Foods CEO said.
Palm oil's big discount is unsustainable and is likely to narrow, Patanjali Foods CEO said.
India's palm oil imports in 2022/23 could jump 23% from a year earlier to 9.5 million tonnes, the highest in eight years, as a rebound in consumption and competitive prices prompts refiners to increase purchases, the country's top palm oil buyer said.
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