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Malaysia says ready to help India meet palm oil demand

Fresh fruit bunches of oil palm tree are harvested at a palm oil plantation in Kuala Selangor, Selangor, Malaysia April 26, 2022. REUTERS/Hasnoor Hussain

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KUALA LUMPUR, Aug 4 (Reuters) – Malaysia said on Thursday 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 Zuraida Kamaruddin said in a statement, citing data from the Indian Vegetable Oil Producers’ Association.

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Reporting by Rozanna Latiff; Editing by Kanupriya Kapoor

Our Standards: The Thomson Reuters Trust Principles.

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2022-08-03 23:34:00

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