MUMBAI: Indian refiners have stopped buying Malaysian palm oil
fearing New Delhi could curtail imports from Malaysia
five traders told Reuters on Monday.
India biggest buyer of Malaysian palm oil in 2019
lead to higher inventories and pressure palm oil prices
help rival Indonesia in raising shipments to India
India restricting imports Malaysian palm oil
reaction to Dr M's criticising New Delhi for Kashmir
buyers are preferring Indonesian shipments
imports would plunge from Nov as new contracts not being signed - Reuters
My comments : Well its not too much. India bought only 3.9 Million tons of palm oil from Malaysia (so far in 2019).
Maybe Dr Mahathir and his brilliant Cabinet can find simple and fantastic alternatives.
Here is one suggestion : Dr Mahathir can ask Zakir Naik to sembahyang hajat. Or baca doa. That may work. After they have finished praying for rain.
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