MARKET DEVELOPMENT
India bans import of refined palm oil -govt notification
India bans import of refined palm oil -govt notification
Successful Farming (08/01/2020) - MUMBAI, Jan 8 (Reuters) - India has banned imports of refined palm oil, a government notification said on Wednesday, as New Delhi tries to curb imports from Malaysia following criticism from Kuala Lumpur on India's actions in the Kashmir region and its new citizenship law.
India imports most of its refined palm oil from Malaysia and crude palm oil from Indonesia.
Indonesia and Malaysia are the top two producers of palm oil, while India is the biggest importer of palm oil. (Reporting by Rajendra Jadhav; editing by Jason Neely)
Read more at https://www.agriculture.com/markets/newswire/india-bans-import-of-refined-palm-oil-govt-notification