Palm Oil Demand Rises in India-China Amid Price Drops

  Published 11 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.

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