Macro Finance
India Steps Up Palm Oil Buying as Tax Cut Spurs Restocking
Bloomberg Markets·October 1, 2026·1 min read
India is snapping up palm oil after New Delhi slashed import duties, prompting refiners in the world's biggest buyer to replenish depleted inventories ahead of the festival season. The increased buying is expected to support palm oil prices and reflects India's growing demand for edible oils during the festive period.
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