Duty cut lifts India's palm oil imports in Sept to a record 1.4 mn tonnes

India lifted restrictions on imports of refined palm oil and slashed base import taxes on palm oil, soyoil and sunflower oil in recent months as New Delhi tries to cool near-record price rises. Higher purchases by India, the world's biggest buyer of vegetable oils, could support palm oil prices that are trading near a record high hit earlier this week.

from Economy-News-Economic Times https://ift.tt/2WtFqiL