PUNE: Indian edible oil industry body Solvent Extractors' Association (SEA) has issued an advisory to its members to refrain from importing palm oil from Malaysia "We have issued the following Trade Advisory to the Members of the Association to refrain from importing Palm Oil from Malaysia," said Atul Charturvedi, president, SEA in a letter addressed to its members. 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 Indian Government. In your own interest as well as a mark of solidarity with our Nation, we should avoid purchases from Malaysia for the time being. "The Malaysian Government is trying to cool down this issue by offering to buy larger quantity of sugar and buffalo meat from India. It is needless to mention that India needs palm oil from both Malaysia and Indonesia and it may not be prudent to depend on only one supplier.

Source: Economic Times October 21, 2019 11:37 UTC