palm oils to go up by 18 2 in moneycontrol com in thailand

   
palm oils to go up by 18 2 in moneycontrol com in thailand
                                               
                                               
                                               
                                               
  • palm oils to go up by 18 2 in moneycontrol com in thailand
How does Thailand affect palm oil prices?

While Thailand ranks third in global palm oil production, the country¡¯s influence on global prices is modest.

Where does India buy palm oil?

India buys palm oil mainly from Indonesia, Malaysia and Thailand, and soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine.

How did India's palm oil imports perform in November?

India's palm oil imports in November rose 22.8% from the previous month to 869,491 metric tons, the Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement. Imports of soyoil increased 10.8% to 149,894 tons and those of sunflower oil fell 16.3% to a 17-month low of 128,707 tons.

Why did Indian buyers stop buying palm oil?

Indian buyers curtailed purchases of palm oil for December and January shipments due to rising prices and as refiners face negative margins after making heavy imports in the past few months, industry officials told Reuters on Thursday.