Palm Oil Imports by India Sliding as Buyers Prefer Sunflowers
date:Jul 14, 2014
rovides more than 70 percent of annual rainfall, will be 93 percent of a 50-year average from June to September as an El Nino emerges, the India Meteorological Department said on June 9. The chances of a drought in India increased to 60 percent from about 25 percent in April amid forecasts for El Nino, Skymet Weather Services., a New Delhi- based private forecaster, said last week.

Total vegetable oil imports probably fell 1.3 percent to 935,000 tons in June from a year earlier, according to th
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