Edible Oil Prices to Hike Further as Indonesia Bans Export of Palm Oil; Know Details - News18

India is among the biggest importers of palm oil from Indonesia, and the move will hurt the country once the ban comes into place.

The price of edible oil in India is likely to shoot up as Indonesia recently announced a ban on export of palm oil owing to local shortage. Edible oil price in India has already fallen prey to rising… [+2575 chars]

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