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Last Updated : 17 November 2009 at 14:45 IST

PEC to import soybean oil to boost domestic supply

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NEW DELHI (Commodity Online): India’s trading firm PEC Ltd has floated tender to import crude degummed soybean oil in order to boost supply in the domestic markets.

The tender, which invited domestic importers to import 2500 tonnes of crude degummed soybean oil. Trading platform that even a 5 year old can trade. Join now

According to the PEC, the commodity should reach at the Kandla port during December 1-15. Bids will close on November 20 and the decision on the tender will be taken by November 23, the company said on its website.

PEC said bidders should source soybean oil from either Argentina or Brazil.