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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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Crude palm oil (CPO) futures in Asia fell on a stronger ringgit and profit-taking, despite modest increases in related vegoil futures and steady growth in exports.
Crude palm oil (CPO) futures extended losses from the previous day on Thursday August 7, as weakness in related oils, caution over higher Malaysia stocks and profit-taking prevailed.
Vegoils futures moved in opposite directions on Friday August 1. Crude palm oil (CPO) futures ended the week marginally higher after trading both ways during the day, recovering slightly after steady losses in the previous session on a weaker ringgit. Related vegoil futures were also mixed.
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