Summary: India, the world’s largest palm oil buyer, has resumed purchases after a five-month lull due to a price correction making palm oil cheaper than soyoil. This price shift, with palm oil now offered at around $1,050 per ton compared to soyoil’s $1,100, is expected to boost Indian imports and support Malaysian palm oil futures.

Link: https://www.channelnewsasia.com/business/india-starts-raising-palm-oil-buying-prices-fall-below-soyoil-5083006