Price trend
It is reported that international palm oil prices have recently followed the decline in crude oil prices, leading to an improvement in India's palm oil import profits. On April 9th, India imported crude palm oil at a profit of 28 US dollars/ton and refined at a profit of 71US dollars/ton.
This week, India's imports of palm oil have increased, with a cumulative purchase of around 200,000 tons of palm oil for the April June shipping schedule over the past three days.
Market outlook
Pay attention to India's import profits and ship purchasing situation.
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