Why Indians might find it difficult to cut down on their palm oil demand?

Price volatility may lead some companies to reduce palm oil consumption and seek alternatives, but its historically lower cost will likely keep it as the top choice for consumers

The global palm oil trade and industry are up in arms against the decision of some major FMCG companies to reduce their palm oil consumption, citing price volatility and environmental concerns.

Recently, the Asian Palm Oil Alliance (APOA), a not-for-profit alliance of palm oil-consuming countries, stated that the move by major FMCG companies is unwelcome and disturbing, as millions of farmers depend on palm oil for their livelihood.

The Alliance also disputed claims that palm oil prices are more volatile than other oils, asserting that prices are a function of demand and supply, and palm oil is