Palm Oil Demand Rises in India-China Amid Price Drops

  Published 9 months ago

India and China boost palm oil demand as price drops attract buyers, with prices expected to stabilize between 3,900-4,200 ringgit/ton.

  • Indian buyers return, purchasing June-August palmolein at a discount vs. rival oils.
  • Chinese importers stock up due to low reserves, buying June, August deliveries actively.
  • Expert predicts stable prices and peak exports in August, dependent on price competitiveness.

You might like these

Chandan Verma Appointed CFO at HSRC Infra Services

Tata Steel Q1 FY26: Key Updates & Growth

IREDA Eyes Green Debt Strategy

Tejas Networks Soars on ₹1525 Crore BSNL 4G Order

JK Cement Surges on Strong Quarterly Results

LTIMindtree Q1 Profit Rises 10%

Hindustan Copper Drops 4% on US Tariff Blow

News that matters the most ⚡