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Feb 10 2009 10:42AM
India STC scraps 12,000-ton crude palm oil import tender

New Delhi - State Trading Corp. of India Ltd. (512531.BY) has scrapped a tender to import 12,000 metric tons of crude palm oil, a government official said Tuesday. The tender was issued on Feb. 5 for shipments in February-March. "There were no bidders," the official told Dow Jones Newswires. The state-run agency planned to buy the CPO on behalf of a private trader. The official did not say whether the tender would be issued again.

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