Commodity inflation to hurt consumers and businesses. Property developers may hold price lines, but others may not
In 2019-20, India's palm oil imports fell 23.3% to 7.22 million tonnes
Refiners have been slashing palm oil imports for winter
FGV issued a statement over the weekend outlining its commitment to human rights, including steps it was taking to make sure its workers have access to their passports and wages
The country's soyoil imports in July surged 52 per cent from a year ago to 484,525 tonnes
India is heavily dependent on imported edible oils. Of the total 15 million tonnes of import, about 9 million tonnes (or nearly 60 per cent) is of palm oils
India, home to more than $5 billion in palm sales a year and the top export market, is no longer enthralled with the oil.
The impact of the shuttered food courts and street vendors is compounded by reduced demand at retail stores
India, world's leading vegetable oil buyer, had imported 11.80 lakh tonnes of edible oil in May 2019.
A restart to buying by India, the world's biggest edible oil importer, could further support Malaysian palm oil prices, which have edged up from 10-month lows in recent days
The suspension could reduce India's palm oil imports in the next few months and pressure Malaysian palm oil futures, but could lift shipments of soyoil and sunflower oil
India, the world's largest importer of vegetable oils, buys nearly 15 million tonne annually
The contract marked its third session of losses on Thursday
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
The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 32 ringgit, or 1.23%, at a settlement price of 2,622 ringgit ($626.25)
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011
From AirAsia CEO, chairman quitting over bribery scandal to Malaysia saying that palm oil dispute with India is temporary, here are the day's top headlines
Last year Pakistan bought 1.1 million tonnes of palm oil from Malaysia, the world's second biggest producer and exporter of the edible oil
Curbs on Malaysian palm oil import present a good opportunity
As Malaysian palm refiners stare at a massive loss of business, Mahathir said his government would find a solution