16/01/2012 (Economic Times) - State-run firm MMTC Ltd has bought 21,000 tonnes of RBD palmolein at $1,073/tonne, two government sources said on Friday, lower than a last known price paid by the company.

The sources, who were involved in the tender process but asked not to be named, said the cargoes were to be delivered on the east coast by January. The price includes cost, insurance and freight.