Vegetable Oil Prices to Rise 20% Due to India, China Demand - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Despite the weak global outlook, edible oilseeds and oils prices are likely to appreciate 20 per cent in 2009 on rising palm oil demand from the food sector constituting 15 per cent of global consumption.

Demand from developing countries, including India and China is estimated to increase at a slower rate this year due to global economic recession. The Indian and Chinese economies are set to rise over 7 per cent in 2009 when developed countries are facing negative growth. Vegetable oil being closely linked with the economy, the growth of the sector is likely to be less affected when compared to other sectors.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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