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India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil cheaper than rival soyoil, encouraging refiners to place orders to replenish inventories. Higher purchases by India, the world's biggest buyer of palm oil, will support benchmark Malaysian palm oil futures, which have

Demand for palm oil from top buyers China and India may rise from restocking ahead of summer and ongoing discount against soybean oil, the Malaysian Palm Oil Council (MPOC) said on Tuesday. China is projected to increase its palm oil imports in May and June to refill inventory, coinciding with the onset of the summer

Malaysian palm oil price is expected to range between RM4,400 and RM4,600 per tonne in March, with emerging markets, such as Sub-Saharan Africa, filling the gap in demand from key buyers, like India and China. The Malaysian Palm Oil Council (MPOC), in a statement on Monday, said that despite weaker demand from traditional markets, palm