Malaysia surpasses Indonesia to become India’s top palm oil supplier

Malaysia surpasses Indonesia to become India’s top palm oil supplier

Malaysia has surpassed Indonesia to become the biggest crude palm oil (CPO) exporter to top consumer India in 2020/21, after Indonesia imposed heavy taxes on exports of the edible oil last year, industry officials told Reuters. Malaysia’s palm oil exports to India surged 238% to 2.42 million tonnes in the first seven months of 2020/21 … Read more