Indian refiners have withdrawn orders totaling 70,000 metric tons of crude palm oil scheduled for delivery from March to June, due to a spike in benchmark Malaysian prices and unprofitable refining margins in India, according to four trade sources.
Indian refiners have withdrawn orders totaling 70,000 metric tons of crude palm oil scheduled for delivery from March to June, due to a spike in benchmark Malaysian prices and unprofitable refining margins in India, according to four trade sources.
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