Govt puts restrictions on import of refined palm oil; shipment from Malaysia likely to be hit, no curbs on Indonesia
• 5 years agoMalaysia produces 19 million tonne of palm oil in a year, while Indonesia produces 43 million tonne, the trade data showed.
Solvent extractors association asks to hike import duty on Malaysian refined palm oil to safeguard domestic farmers
• 6 years agoExpressing concern over Malaysian palm oil flooding Indian markets, edible oil trade body SEA on Friday asked Prime Minister Narendra Modi to hike import duty on palm oil being purchased from the South-east Asian country, to safeguard domestic oilseed farmers
Indonesia keen to buy sugar, refined palm oil from India; seeks import duty cut
• 6 years agoWhile India is the world's largest sugar producer with a huge quantity of exportable surplus, Indonesia is a major producer of edible oils, particularly palm.