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India palm oil imports fall to one-year low in April on weak demand

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India palm oil imports fall to one-year low in April on weak demand

MUMBAI: India's palm oil imports fell 27% to a one-year low in April, as sluggish demand from institutional buyers and a recent price rally that eroded its discount to rival oils prompted refiners to curb purchases, five dealers said. Lower imports by the world's biggest importer of vegetable oils could increase stocks in ⁠top ⁠producers Indonesia and Malaysia and weigh…

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