India sees ‘ugly’ supply crunch if Indonesia continues palm oil export ban

Updated 1 week ago · Published on 14 May 2022 5:30PM · 1 Comments

Indonesia, the top palm oil producer in the world, has imposed a ban on palm oil exports to cool local cooking oil prices, making India more reliant on Malaysia. – The Malaysian Insight file pic, May 14, 2022.

INDIA’S vegetable oil importers see an “ugly” supply crunch if Indonesia maintains its palm oil export ban to meet domestic demand.

India, the biggest importer of edible oils in the world, is already facing a tough time due to the Russia-Ukraine war, which has disrupted sunflower oil supplies.

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Comments

  • And still India is silent on Russias unprovoked and immoral invasion of Ukraine. You reap what you sow ( or in this case dont sow because India should be well capable of feeding itself).

    Posted 1 week ago by Malaysia New hope