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Olive oil to remain costlier for some time: IOA

Olive oil to remain costlier for some time: IOA

Monday, March 27, 2017, 3:09 PM

Imported olive oil in India will remain costlier for the next couple of months as international prices have risen due to sluggish global output, a top Indian Olive Association (IOA) official said. Retail price increase could hit Indian demand and affect import this fiscal, which is expected to be flat at last year's level of 11,106 tonnes, he said.
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