You are here

Palm losing ground in India to soya bean, sunflower and canola oils

Tuesday, March 24, 2015 - 05:50

Mumbai

INDIA, the world's largest importer of cooking oils, will buy more soya bean and sunflower oil this year than ever before as a global glut weakens prices and prompts buyers to switch from palm oil.

Purchases of soya bean, sunflower and canola oils will probably jump 15 per