PANAJI: India's palm oil imports in 2021/22 are likely to drop 9% from a year earlier on a rise in domestic supplies as farmers expand the area planted with oilseeds in response to record high prices, a leading industry analyst told Reuters.
Palm oil imports in the new marketing year from Nov. 1 could fall to 7.6 million tonnes from 8.35 million this year, Govindbhai Patel, managing director of trading firm G.G. Patel & Nikhil Research Company, said on Thursday.
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