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Make sense of India’s dynamic vegetable oils market with our daily Fastmarkets newsletter. As the world’s largest importer of edible oils, India’s market is a critical driver of global trade. From shifting import duties to evolving consumer demand, staying informed is essential for your business.
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Vegoils futures were broadly lower on Friday February 6.
Indonesia’s palm oil exports in December reached 2.62 million tonnes, according to data from cargo surveyor Intertek Testing Services (ITS), with the figure comprising exports of palm oil and its derivatives, palm kernel oil and oleochemicals.
Crude palm oil (CPO) futures rebounded from three days of losses to recover to its highest in three weeks on Friday January 16, spurred by gains across the broader vegoil complex and pre-weekend positioning while further indications of a slowing pace of production also lent support.
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