NEW DELHI (Bernama): An Indian trade body representing oilseed crushers has advised its members not to buy palm oil from Malaysia, taking a cue from New Delhi’s protest against Prime Minister Tun Dr Mahathir Mohamad’s remarks on the Kashmir conflict. “It would be in fitness of things, as responsible Indian vegetable oil industry, we avoid purchasing of palm oil from Malaysia till such time clarity on the way forward emerges from the Indian government, ” he added. Malaysia exported palm oil worth US$1.65bil (RM6.9bil) to India in 2018. India, the world’s largest vegetable oil importer, relies on Indonesia and Malaysia for its palm oil supplies. Related stories:Dr M warns of possible trade sanctions on MalaysiaMPOA hopes India will continue to buy Malaysian palm oilIndian restriction on palm oil imports will lower prices

Source: The Star October 21, 2019 13:52 UTC