India's Oct palm oil imports hit 3-month high on festive demand, dealers say

India's palm oil imports saw a significant 59% increase in October, reaching a three-month high. This surge was driven by refiners restocking after lower imports and increased demand during recent festivals like Dussehra and Diwali. While palm oil imports rose, soyoil imports decreased, and sunflower oil imports increased due to previously delayed shipments.