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Home Icon > About Us > News > Palm oil supply crunch compels India and China to increase soybean and sunflower oils imports

Palm oil supply crunch compels India and China to increase soybean and sunflower oils imports

Increasing biodiesel consumption due to the rollout of B20 biodiesel programme in Malaysia and B30 programme in Indonesia coupled with low production of palm oil will tighten its supply. Top importers like India and China will counterbalance this gap by switching to soybean oil and sunflower oil. This trade shift will result in increased tonne-mile ...

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