India’s palm oil report was recorded which got surged during the month of December to their highest in four months due to its competitive prices.
On the other hand, crude palm oil showed negative while exporting, countries were offering refined palm oil at a cheaper price.
According to the reports, palm oil imports rose 1.9% from the previous month to 886,000 metric tons. Refined palm oil imports in the month surged 47% to 252,000 tons.
