Indian refiners curtail palm oil imports as lockdowns dent demand

Capt. John

Indian edible oil refiners are curtailing palm oil imports for May and June as most states have imposed curbs on hotels and restaurants to arrest rising coronavirus infections, denting institutional demand, industry officials said. Lower imports by India, the world’s biggest buyer of the edible oil, could limit a rally in benchmark Malaysian palm oil …

The post Indian refiners curtail palm oil imports as lockdowns dent demand first appeared on Hellenic Shipping News Worldwide.

Author: Capt....

https://www.hellenicshippingnews.com/indian-refiners-curtail-palm-oil-imports-as-lockdowns-dent-demand/

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