What triggered the rally in edible oil global prices and domestic prices?do expect a sharp correction anytime soon? Sequentially there is a slight correction but YoY Prices are still high…where do you see the prices settling at? Edible oil prices also depend on the karif crop. Are you expecting a bumper crop and how do you see this helping the price settle? India meets nearly two-thirds of its edible oil demand through imports. What do you think can be done to reduce this dependency? Government cuts import duty on crude palm oil to 10%. How do you see this impact the pricing in the country and the companies business? Watch the full interview with Atul Chaturvedi, President, SEA (Solvent Extractors Association) on The Market!
