India’s palm oil imports dive as refining margins bite, Malaysian prices may suffer

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MUMBAI, Jan 16 — India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining...

This would be the lowest since March 2020, when New Delhi’s unofficial curbs on imports from Malaysia reduced shipments.

Two vegetable oil brokers and a shipping company that compiles data on vessels lined up to unload at ports estimated that imports could range between 340,000 tons and 370,000 tons.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaArgentinaBrazilIndiaIndonesiaThailandUkraine

Topics: Palm oil INDIA Imports

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 16:41:50 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 25190509

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