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India refiners boost soyoil imports to record high in August

Indian refiners imported a record amount of soyoil in August and bought the most palm oil in six months, dealers said, as stocks were built ahead of the festival season.

SBZL

By Rajendra JadhavIndian refiners imported a record amount of soyoil in August and the highest volume of palm oil in six months as they built stocks ahead of the festival season, five dealers said.Higher palm oil and soyoil buying by the world's biggest importer of vegetable oils could help top pro…