India's palm oil imports hit 14-year low as soyoil rises
- Posted on February 12, 2025
- By Business News Today
- 1 Views
India's palm oil imports hit 14-year low as soyoil rises
India's palm oil imports in January dropped to a near 14-year low due to higher soyoil imports driven by negative refining margins for palm oil. This decrease in palm oil imports is expected to influence Malaysian palm oil prices and support U.S. soyoil futures.
