India's palm imports fall more than a quarter in Sept as stocks surge -dealers
India's imports of edible oil fell 19% in September from August's record as refiners curtailed purchases of palm oil by 26% after inventories jumped to a record, five dealers told Reuters. Lower purchases by the world's biggest importer of vegetable oils could lead to higher stocks of palm oil in key producers Indonesia and Malaysia, weighing on benchmark futures. India's total edible oil imports in September fell to 1.5 million metric tons, including 830,000 tons of palm oil, average estimates from dealers show.
Source: yahoo.com
