India has imposed limits on inventories of edible oils and oilseeds to ease soaring prices in the world’s biggest buyer of soybean, palm and sunflower oils.
The stock cap will be in place until March 31 next year and will be decided by the state governments, based on demand and available reserves, the Department of Food and Public Distribution said in a statement Sunday. Exporters and importers are exempt from the limits.
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October 10, 2021 at 03:10PM
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India Limits Inventories of Edible Vegetable Oils to Ease Prices - Bloomberg
"vegetable" - Google News
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