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India palm oil demand may slow in coming weeks on duty: Maybank

Mimi Sabreena 1:17:00 PM Informasi

(Aug 14): Demand from India may slow in coming weeks, as importers may have bought ahead of official hike in import duty, Maybank Kim Eng analyst Ong Chee Ting says in report.

* NOTE: India increases import duty on crude palm oil to 15% from 7.5%
* NOTE: India is world’s biggest palm oil importer

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