Indian edible oil demand may recover in first quarter next year: Analyst

The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output

Analyst opine demand in India could return to normal level.

Edible oil demand in the world's biggest consumer India could return to normal levels in the first quarter of 2021, analyst Dorab Mistry said in a webinar on Friday.

The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output.

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