NL Corresspondent Jammu Tawi: Vegetable oils, the fastest-growing food commodity, continue facing an ongoing challenge of meeting the escalating high demand that increasingly outstrips supply. The climate change impacts and geopolitical development pose main challenges that require collaboration and partnership among the producers to mitigate potential supply constraints that potentially disrupt the food and energy
With edible oil consumption of 23.87 million tons per year, India is an important palm oil market. Indonesia and Malaysia are aiming to increase consumption by the middle class who have had a negative perception of palm oil.
Indonesia, Malaysia, and the European Union (EU) have agreed to establish an Ad Hoc Joint Task Force (JTF) on the European Union Deforestation-Free Regulation .
Malaysia is planning big on promoting palm oil in Qatar while chalking out a slew of measures. Minister of Plantation Industries and Commodities of Malaysia