India’s Palm Oil Pullback: Refiners Cancel 65,000-Ton Import Contracts Amid Price Surge

Unknown Apr 02, 2026 1,000 Views

Indian refiners have reportedly cancelled contracts to import 65,000 metric tons of palm oil for the July–September shipment window, citing rising global prices and higher import duties. The move follows a broader trend, with refiners having already walked away from 100,000 metric tons of p...