Shares of Hindustan Unilever, Godrej Consumer Products and Britannia Industries surged in trade on July 6 as global crude palm oil prices continued to sink.

Crude palm oil futures on international exchanges have nosedived more than 35 percent in the past few weeks on the back of resumption of exports from Indonesia as well as concerns over global demand.

Palm oil prices are currently trading near their six-month lows owing to high inventory in the Indonesian market and key consumers like India and Pakistan delaying imports, according to a Hindu BusinessLine report.

The sharp decline in prices of crude palm oil is positive for domestic fast-moving consumers goods manufacturers as it is a critical raw material.Shares of Hindustan Unilever, Godrej Consumer Products and Britannia Industries surged in trade on July 6 as global crude palm oil prices continued to sink.

Crude palm oil futures on international exchanges have nosedived more than 35 percent in the past few weeks on the back of resumption of exports from Indonesia as well as concerns over global demand.

Palm oil prices are currently trading near their six-month lows owing to high inventory in the Indonesian market and key consumers like India and Pakistan delaying imports, according to a Hindu BusinessLine report.

The sharp decline in prices of crude palm oil is positive for domestic fast-moving consumers goods manufacturers as it is a critical raw material.Shares of Hindustan Unilever, Godrej Consumer Products and Britannia Industries surged in trade on July 6 as global crude palm oil prices continued to sink.

Crude palm oil futures on international exchanges have nosedived more than 35 percent in the past few weeks on the back of resumption of exports from Indonesia as well as concerns over global demand.

Palm oil prices are currently trading near their six-month lows owing to high inventory in the Indonesian market and key consumers like India and Pakistan delaying imports, according to a Hindu BusinessLine report.

The sharp decline in prices of crude palm oil is positive for domestic fast-moving consumers goods manufacturers as it is a critical raw material.Shares of Hindustan Unilever, Godrej Consumer Products and Britannia Industries surged in trade on July 6 as global crude palm oil prices continued to sink.

Crude palm oil futures on international exchanges have nosedived more than 35 percent in the past few weeks on the back of resumption of exports from Indonesia as well as concerns over global demand.

Palm oil prices are currently trading near their six-month lows owing to high inventory in the Indonesian market and key consumers like India and Pakistan delaying imports, according to a Hindu BusinessLine report.

The sharp decline in prices of crude palm oil is positive for domestic fast-moving consumers goods manufacturers as it is a critical raw material.