date:Oct 13, 2012
ases, said a Mumbai-based dealer, who declined to be named.
Palm oil buyers in India are asking for discounts on agreed deals and putting off purchases, hoping a slide in global prices will continue and bring cheaper product as a big demand season approaches.
The November soyoil contract on India's National Commodity and Derivatives Exchange was down 2.1 percent at 637.1 rupees per 10 kg, after falling to 631.6 rupees earlier.
India is the world's biggest edible oils importer, buying more tha