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The Economic Times

Economy / The Economic Times

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India's Feb palm oil imports jump 11% to six-month high on price discount

In February, India witnessed a remarkable surge in palm oil imports, climbing to a six-month peak. This uptick was fueled by competitive pricing compared to alternative oils, prompting refiners to increase their palm oil acquisitions and subsequently scale back on sunflower oil imports. This transition might have repercussions on stock levels in major producers like Indonesia and Malaysia.

12 Mar 2026 4:24 pm