SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

India port congestion delays vegetable-oil vessel unloading up to 10 days

Industry officials say India’s aggressive vegetable-oil buying has congested major ports, delaying vessel unloading by as much as 10 days as shore tanks fill and refiners clear incoming cargo.

ZL

India's aggressive vegetable-oil buying has caused congestion at major ports, delaying vessel unloading by as much as 10 days as shore tanks fill and refiners struggle to clear incoming cargo, industry officials told Reuters. The congestion is expected to prompt Indian refiners to…