Palm oil: Indian importers to return to Malaysian market by mid-Jan 2020, says expert

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Palm oil: Indian importers to return to Malaysian market by mid-Jan 2020, says expert thesundaily Malaysia CPO India Palm Oil Imports Oilseed

Indian importers will return to the Malaysian market in full strength by mid-January next year because of the anticipated lower production in the next quarter, says a palm oil industry expert.

“This is a short-term concern. It is normal during the winter season for India, China and Europe to cut back on imports of tropical oils for food. The preference is for soft oils like soybean and sunflower,” he toldChandran said the Indian High Commissioner to Malaysia reiterated a few days ago that there is no directive from the Indian government to boycott Malaysian palm oil.

In addition, as the logistics and financial service facilities are far superior to Indonesia, Indian traders and brokers will continue to purchase from Malaysian suppliers, he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ye lah, India patut beli buah sawit mentah, so boleh proses buat tepung sawit, boleh buat roti canai.., saya tak kisah, ambillah idea saya tu, lg pun idea saya cerita2 saya dah di ambil orangramai

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in CA

Canada Canada Latest News, Canada Canada Headlines