Analyst: India to rely on M’sia reasonably priced palm oil


KUALA LUMPUR: India will always be dependent on Malaysia for palm oil, as it is the cheapest edible oil in the world.

Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said India is 74% dependent on edible oil imports, as the country is heavily dependent on rainwater for the irrigation of its agricultural sector.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit opens lower on stronger greenback, rises against other majors
Bursa Malaysia rebounds, boosted by Wall Street’s overnight gains
Trading ideas: EPMB, BAuto, Mikro MSC, Kerjaya Prospek, Citaglobal, IHH Healthcare, Alpha IVF
Alpha IVF commences its operations in China
Contact Energy to buy NZ rival Manawa to grow power capacity
Alliance Bank targets SMEs with latest credit card
Carsome upbeat about new partnerships
BAuto posts quarterly net profit of RM70mil
Utilities sector performing above expectations
Citaglobal wins contracts worth RM51mil

Others Also Read