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HomeNewsOpinionFalling commodity prices buoy trade balance

Falling commodity prices buoy trade balance

Manas Chakravarty   •

The biggest fall in imports has been in vegetable oils, fertilisers, coal, all of which are now at much lower prices from a year ago  

With global economic growth slowing down, commodity prices should continue to be under pressure, adding to comfort on India’s trade balance. (Representative image)

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