India's palm oil import curbs could trigger Malaysia, Indonesia price war


India’s restrictions on imports of refined palm oil will lead to a loss of market share for Malaysia and spark a price war with rival supplier, Indonesia, a Malaysian industry association said on Thursday.

India, the world’s biggest edible oil buyer, issued a notification on Wednesday amending imports of refined palm oil to “restricted”, a move that industry sources said amounted to an effective ban. The move was seen as punishing Malaysia, India’s main supplier of refined palm oil, for.....

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