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India s July palm oil imports plunge 43%, says trade body | Hellenic Shipping News Worldwide

India’s July palm oil imports plunged 43% from a year earlier to their lowest in five months, a leading trade body said on Monday, as demand was curtailed by prices that rallied to a multi-year high. The country’s palm oil imports in July dropped to 465,606 tonnes while soyoil purchases fell by 22% to 379,892 .

India gets below-average monsoon rains for second straight week

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