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Core Tip: Nepal's "Newspaper" reported on February 27: The chairman of the Chitwan Banana Producers Association said that Nepal's local bananas are now ready to be put on the market, but imported Indian bananas have impacted the domestic market. As the market share of Indian bananas continues to increase, it is more difficult to market local bananas. Currently, nearly 40% of bananas on the Nepalese market come from India.

A recovery in palm oil production and reduced imports by price-sensitive consumers are expected to push prices lower and narrow the premium for the tropical oil over its main rivals. Palm oil futures, which jumped 20% to a two-year high in 2024, are already losing ground as major importers such as India switch to cheaper

Palm oil's share of India's annual edible oil imports will fall below that of other competing oils for the first time as its rising premium over soy and sunflower products pushes processors toward more affordable alternatives, Sanjeev Asthana, president of the Seed Oil Association of India (SEA), told Reuters in an interview. A drop in