Sage Investment Club

Palm oil imports could jump to 4-year high on lower prices: Industry official

India’s palm oil imports could jump 16% in 2022-23 to a four-year high of 9.17 million tonnes, as consumption is set to jump after two years of contraction due to Covid-led lockdowns, a senior industry official told Reuters on Tuesday.Higher purchases by the world’s biggest importer of vegetable oilscould lend further support to palm oil […]