India’s leading vegetable oil importers want India to clarify its position following reports of planned punitive trade measures against Malaysia.
Rumours and unsubstantiated claims published in the media harm business interests of both importers and exporters by creating uncertainty in decision-making and the supply chain, prominent trade figures told Bernama on Tuesday. SEA current president Atul Chaturvedi said he is clueless whether the Indian government would take measures to limit palm oil imports from Malaysia.
Bajoria said industry relationships built over a long period of time may become strained and cause disruptions in trade flows.
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