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Edible oil prices likely to drop 9% by mid-December

By Economic Times - 7 hours ago
Edible oil prices in India are expected to decrease by up to 9% from mid-December due to a drop in international prices of soybean, sunflower, and palm oil. This decrease follows abundant global production and policy changes in Indonesia regarding palm oil content in biodiesel. Consumers can anticipate a reduction in retail prices soon.

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