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INDIA’S PALM OIL IMPORTS EXPERIENCED A SLUMP

Published On 17 Jan 2020 12:34 PM


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Palm oil imports by India are expected to fall by 11 percent in the year 2019-20. Industry officials stated that the import has been decreased due to a hike in the prices that will turn traders away from Malaysia. India is the world's biggest importer of edible oils.

At the start of the new year, India unofficially asked traders to halt all the palm imports from Malaysia. Malaysia is the world's second-largest producer of pal....


Tags : India, Malaysia, Indonesia, Palm oil, Thailand,
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