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Edible oil prices in India are rising, with crude palm oil up more than 26% over two months. Mustard and soybean prices have also climbed, and heavy rain damaged kharif oilseed crops.
Biofuel demand in Malaysia and Indonesia is lifting palm prices, while Indian crop losses tighten domestic oilseed supply. Costlier imports will pressure Indian edible oil buyers.
livemint.comIANSDec 5, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
