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India braces for sharp rise in edible oil rates, but spike could be short | Hellenic Shipping News Worldwide

India’s edible oil markets braced for a sharp rise in prices after Indonesia banned on palm oil exports, but opinion was divided as to whether the spike will sustain for long because the Southeast Asia nation is sitting on a stockpile it must liquidate. India and elsewhere palm oil is used in multiple things: cakes, .

Indonesia export ban traps 290,000 T of palm oil shipments for India -trade | Hellenic Shipping News Worldwide

Indonesia’s wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and oil mills in the world’s top producer, four industry officials told Reuters on Thursday. The disruption in shipments after Indonesia widened its export ban to include crude and refined palm .

Crisis looms as Indonesia export ban halts palm oil shipments

Crisis looms as Indonesia export ban halts palm oil shipments
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