date:Feb 14, 2016
Palm oil purchases by India probably rebounded from the first drop in 12 months as traders and refiners in the worlds largest buyer increased shipments to bridge a widening cooking oil shortfall.
Imports climbed 4 percent to 686,000 metric tons in January from a year earlier, according to the median of estimates from five processors and brokers compiled by Bloomberg. Overseas purchases fell 5.8 percent in December, the first decline since the end of 2014. Total vegetable oil purchases climbed 1