Commodities Live: Indias August Palm Oil Import Jumps 94%; Will Palm Oil Get Cheaper During Festivals?

In August, palm oil was imported more than 1 million tonnes. Last month palm oil imports stood at 5.3 lakh tonnes. In the global market, palm oil became cheaper by $ 350-400 / ton compared to soya oil. Soya oil imports declined 54% in August. Soya oil imports declined to 2.40 lakh tonnes in August. Will palm oil get cheaper during festivals? Watch Commodities Live to know the opinion of the experts.