India palm oil import shot up to 7 months high in August to 750,134 tons or up 61.11% from July and 2.15% higher than the same time last year following a reduction in import tax and on easing of restriction on refined oil imports effective 30th of June. Imports of RBD palm olein and CPO rose imports rose by a staggering thirteen-fold and 22% respectively from the previous month. But…

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