Faltering monsoon rains in India are posing a risk to domestic soybean and peanut crops, and may prompt the world’s biggest palm oil importer to boost purchases from top growers Indonesia and Malaysia. The world’s second-most populous nation, where eating fried food is a national tradition, depends on overseas suppliers for as much as 70% of its edible oil needs.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3jbYASO
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