Indonesian curbs on palm oil stokes inflation concerns3 min read . Updated: 09 Feb 2023, 06:23 AM IST
India’s import bill doubled to $10 bn in FY22 from $5 bn in FY20, owing to supply chain disruptions and high commodity prices
International palm oil prices turned volatile a day after Indonesia, the world’s largest exporter of the commodity, said it will suspend some export permits to cool cooking oil prices ahead of next month’s Ramzan.
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