KUALA LUMPUR (Aug 4): Malaysia said on Thursday (Aug 4) it was ready to help India meet its palm oil demand in view of potentially erratic supply from top supplier Indonesia.
India is expected to see a surge in demand to around 800,000 tonnes per month for the next six months, Malaysia’s Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin said in a statement, citing data from the Indian Vegetable Oil Producers’ Association.
Source : The Edge Markets