Latest News on Palm Oil Imports
Showing of 0 - 10 from 9 results
Palm Oil Imports - Total results - 9
Feb 20, 2020
Govt issues import licences for 1.1 mn tonnes of refined palmolein from Indonesia; DGFT move draws commerce ministry’s flakA resumption in refined palmolein buying by India, the world’s biggest palm oil importer, could lift its total palm oil imports and support Malaysian palm oil futures.
Jan 20, 2020
Malaysia's Mahathir Mohamad rules out retaliatory trade action over Indian palm oil boycottIndia this month effectively halted palm oil imports from its largest supplier and the world’s second-biggest producer in response to comments from Mahathir attacking India’s domestic policies.
Jan 16, 2020
Palm oil imports dip over 8% to 7.41 lakh tonnes in December: Solvent Extractors AssociationIndia's import of palm oils declined by 8.64 percent to 7,41,490 tonnes in December 2019, Industry body Solvent Extractors Association (SEA) said on Thursday
Jan 16, 2020
Kashmir row: India plans to cut some imports from Turkey; likely to widen curbs on more products from MalaysiaThe government is also planning to cut imports of oil and steel products from Turkey.
Jan 14, 2020
Edible oil industry body demands cap on import of refined palm oil to protect local refiners, farmersLast week, the government had imposed restrictions on imports of refined palm oil and palmolein in the backdrop of remarks by Malaysia on the new citizenship law and Kashmir issue.
Nov 14, 2019
India resumes buying Malaysian palm oil as Kuala Lumpur offers discount over supplies from rival Indonesia, say tradersMalaysian palm oil is available at a $5 discount amid congestion at Indonesian ports, said a Mumbai-based dealer with a global trading firm.
Oct 15, 2019
Malaysia looks to increase imports from India after threat of palm oil curbs, says ready for talks to reduce trade deficitMalaysia is the world’s second-largest producer and exporter of palm oil after Indonesia, and the edible oil contributed to 2.8% of its gross domestic product last year.
Mar 18, 2019
India's palm oil imports likely to jump to record high in 2018-19 as prices witness sharp decline: ReportMalaysian palm oil futures fell to 2,038 ringgit ($499.82) a tonne on Friday, the lowest in three months, due to weak demand and ample supplies.
May 16, 2018
Weak rupee will further curb palm oil imports, says trade body; duty hike in March and tighter credit hurt industryThe rupee has fallen about 4 percent since the start of April due to a broadly firmer US dollar and rising oil prices.