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More than rhetroic needed to reignite Malaysian palm oil exports to India

Malaysian supplies of palm oil to India have slowed to a trickle since Delhi adopted a hardline stance after Mahathir criticised actions in Kashmir in September

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Malaysia | Palm Oil

Reuters  |  Kuala Lumpur | Mumbai 

The ousting of Malaysia's former prime minister Mahathir Mohamad, whose criticisms of India's policies in Kashmir damaged palm oil trade between the nations, has kindled hopes among Malaysian exporters for a rapid restoration of ties. But political rhetoric alone will not restore full Malaysian palm oil flows to top market India any time soon, traders say: Palm prices within India are still too high relative to rival oils to encourage a sharp uptick in wholesale demand. Malaysian supplies of palm oil to India have slowed to a trickle since Delhi adopted a hardline stance ...

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First Published: Thu, March 05 2020. 08:42 IST
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