MUMBAI: India has initiated a probe into whether a jump in refined palm oil shipments from Malaysia is causing serious injury to domestic industry, the trade ministry’s investigative arm said in a statement.
Malaysian exports of refined palm oil to India, the world’s biggest importer of edible oils, jumped 727% in the first half of 2019 to 1.57 million tonnes compared with the same period a year before, according to data compiled by the Malaysian Palm Oil Board (MPOB).
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