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Published 2 years ago

Indonesia's flip-flops give Malaysia edge in top palm oil market India

Summary by Ground News
Malaysia is positioning itself to take advantage of Indonesia's ban by cutting palm oil export taxes by as much as half. Indonesia's share of palm oil exports to India will fall to 35% in the current marketing year ending on Oct. 31, from more than 75% a decade ago. Indian oil refiners feel they have to protect their supply chains against policy shake-ups.

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