We’re seeing that consolidation now, with the market stabilizing after the earlier turbulence. However, while there has been some upward movement recently, I wouldn’t classify it as a confirmed reversal just yet.
India’s vegetable oil imports witnessed a 16% decline in March, totaling 9.98 lakh tonnes, primarily due to a significant drop in crude sunflower oil shipments.
Jigar Mistry of Buoyant Capital discusses the Indian market’s potential upswing, cautioning against oversimplification due to global factors like tariffs and recessionary pressures. He highlights
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