Petrol demand increases by over 10% over previous month, diesel sales climbs up too

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India’s sales of petrol increased by 2 per cent in September 2020, the first increase since the country’s lockdown in late March, signalling demand returning to pre-COVID-19 levels. Diesel sales continue to be below normal but have shown a month-on-month increase, according to provisional data from state-owned fuel retailers who control 90 per cent of the market. Petrol sales […]

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Demand for natural rubber may revive in Q3 of 2020: ANRPC Report

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The global demand for natural rubber (NR) is estimated to revive in the third quarter of 2020 after declining 14 per cent year-on-year during the first seven months (January-July), the Association of Natural Rubber Producing Countries (ANRPC) said. The inter-governmental organisation of 13 rubber producing countries in its latest report said the global demand for […]

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Palm oil prices in India may fall as demand weakens, imports drop: Bloomberg

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Palm oil imports by top buyers in India fell from a 10-month high as a slow recovery of the food services industry curtailed demand for the world’s most-used vegetable oil, Boomberg reports. Inbound shipments fell 11% to 734,000 tonnes in August from a month earlier as traders and refiners cut back purchases after replenishing reserves […]

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