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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!
https://youtu.be/SEiPkbqcmqk