Palm oil demand seen jumping as discount over rivals widens

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Crude palm oil (CPO) was being offered in India at about $1,765 a tonne, including cost, insurance and freight (CIF), for May shipments, compared with $1,930 for crude soybean oil. Crude sunflower oil was offered at around $2,100, dealers said. In early April, the discount for crude palm oil was $40 per tonne.

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