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Edible oil imports could jump to record as scanty rains trim output, says analyst

Updated : July 22, 2019 10:57 AM IST

Higher purchases by the world’s biggest edible oil importer could support palm oil prices that are under pressure due to sluggish demand amid an expected rise in production.
India has received 18 percent below-average rain since the monsoon season began on June 1.
Edible oil imports could jump to record as scanty rains trim output, says analyst

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