Palm Oil

Riddled with environmental concerns, India's palm oil supply chain needs to look at sustainable options

Over 90 percent of the palm oil imported by India comes from Malaysia and Indonesia where environmental concerns associated with the production are routinely highlighted. Indian companies are making efforts towards a sustainable supply chain of palm oil.

Increasing agricultural demands by rich countries increases deforestation in tropics

Each person in G7 nations accounts for, on average, the loss of four trees somewhere else in the world per year.

World Environment Day: Data shows the world has lost a Switzerland-size area of primary rainforest in 2019

In order to stop deforestation, researchers say emphasis must be placed on changing the incentives driving forest loss on a domestic, local level.

Malaysia to strengthen trade ties with India after palm oil purchases resume after gap of four months

Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world’s largest edible oil buyer renewed purchases of Malaysian palm oil, in a sign of improving relations between the two countries

India resumes purchases of Malaysian palm oil after four-month gap following diplomatic row

Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said

Malaysia signs record rice import deal with India after rival suppliers restrict exports; shipment may rise this year

India is now offering white rice for around $390-$400 per tonne compared with more than $450 for other countries, exporters said.

Govt suspends 39 import licenses for refined palmolein after surge in duty-free imports in Nepal, Bangladesh: Report

India, the world’s biggest importer of edible oil, put refined palm oil and palmolein on a list of restricted items on 8 January, although New Delhi later issued licences to import more than 1.1 million tonnes of refined palmolein.

Malaysia says relations with India to improve after New Delhi lifts import duty on palm oil; to send a delegation

India has been the biggest buyer of Malaysian palm oil for five years, but imports trickled to a halt after it restricted imports of refined palm and informally asked traders to avoid Malaysian palm.

Malaysia's sugar purchases from India hit record amid diplomatic spat; shipment to help reduce stockpiles

The record-buying could also help India, the world’s biggest producer of sugar, to cut stockpiles that are squeezing domestic prices.

Malaysia aims to resolve palm oil trade dispute with India within a month; to send a delegation soon to improve ties

After India’s January curbs on imports of refined palm oil from Malaysia, traders had also held off on buying its crude palm oil.