India is said to be planning to cut palm oil imports and placing restrictions on other goods from Malaysia.
In a research note, Public Investment Bank said India has been Malaysia’s biggest palm oil buyer since 2014, replacing China. In the first nine months of this year, it said, India made up 28% of Malaysia’s total palm oil exports. For this reason, exporters and the Malaysian Palm Oil Board are waiting to see if there is any truth to the report.
India is said to be planning to substitute Malaysian palm oil with supplies of edible oils from countries like Indonesia, Argentina and Ukraine.
Hoping the solar farms initiative with supposedly renewable energy does not end up the same faith as oil palm industry or in another term of converting oil palm plantations or any agricultural land into solar panel ‘plantations.
Blame it on who’s big mouth? 😂😂😂😂😂