The sticky palm oil affair

  • Plantations
  • Saturday, 19 Oct 2019

THE palm oil industry has been firefighting one issue after another and the latest one with the possibility India may cut its purchase of palm oil from Malaysia is turning out to be a problem the industry is threading carefully on.

A 10% reduction in palm oil purchases by India will cost Malaysia more than half a billion ringgit a year, according to an industry insider.

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