CPO UPDATE - Exports of Malaysian palm oil products for October rose 14.6 percent to 1,522,051 tonnes from 1,327,566 tonnes shipped during September, cargo surveyor Societe Generale de Surveillance said
*India raises import tax on crude palm oil to 44%*
India has raised import tax on crude palm oil to 44 per cent from 37.5 per cent, a government notification said on Saturday, as the world's biggest palm oil importer tries to boost local oilseed production. The hi...
Malaysia concerned by India palm oil import curbs: Mahathir Mohamad Mahathir said Malaysia may now need to find another solution after the boycott of its palm oil by Indian palm oil refiners and traders.India, the world's largest importer of vegetable oils, buys nearly 15 million tonnes annually
*Central Government imposes restrictions on import of refined palm oil*
Following repeated demands from solvent processors to protect the interests of domestic refiners, the Centre on Wednesday placed restrictions on the imports of refined palm oils. A notification by the Directo...
India asks importers to buy palm oil from Indonesia, not Malaysia: Report On Monday, the commerce ministry held a detailed meeting with edible oil industry stakeholders and asked them informally to avoid purchase of Malaysian palm oil, a government source said