India Steps Up Palm Oil Buying as Tax Cut Spurs Restocking
India is snapping up palm oil after New Delhi slashed import duties, prompting refiners in the world’s biggest buyer to replenish depleted inventories ahead of the festival season.
By Anuradha Raghu · Bloomberg Markets
India is snapping up palm oil after New Delhi slashed import duties, prompting refiners in the world’s biggest buyer to replenish depleted inventories ahead of the festival season.