Palm Oil Imports Hit 13-Year Low As Soybean Oil Surges – Top Speed News
Last Updated:February 12, 2025, 15:43 IST Total vegetable oil imports drop 13 per cent to 10.49 lakh tonnes in January from 12 lakh tonnes a year earlier. Malaysian palm oil shipments declined as tightening export supplies prompted consumers to switch to lower-priced South American soybean oil. India’s palm oil imports plunged 65 per cent year-on-year…