Palm oil falls 2% on lower-than-expected exports amid India-Malaysia tensions

[Turingsage]

I don't really understand how Malaysia doesn't have any option to retaliate. They can surely retaliate by kicking out Indian workers, can't they?

It has retaliated. Ooops sorry I meant Mahathir has caved in like a shameless loser he always was

Sources: Malaysia to buy more Indian sugar to resolve palm oil spat

Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports. - STR/FAIZ ANUAR
By Reuters - January 23, 2020 @ 1:07pm


KUALA LUMPUR: Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports.



MSM Malaysia Holdings Berhad will buy 130,000 tonnes of raw sugar from India worth RM200 million (US$49.20 million) in the first quarter, the company told Reuters. The company bought around 88,000 tonnes of raw sugar from India in 2019.



MSM is the sugar refining arm of the world’s largest palm oil producer, FGV Holdings, which is an unit of Malaysian state-owned Federal Land Development Authority or Felda.
Read more here
https://www.nst.com.my/news/nation/...a-buy-more-indian-sugar-resolve-palm-oil-spat

 

[Kaniska]

It has retaliated. Ooops sorry I meant Mahathir has caved in like a shameless loser he always was

Sources: Malaysia to buy more Indian sugar to resolve palm oil spat

Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports. - STR/FAIZ ANUAR
By Reuters - January 23, 2020 @ 1:07pm


KUALA LUMPUR: Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports.



MSM Malaysia Holdings Berhad will buy 130,000 tonnes of raw sugar from India worth RM200 million (US$49.20 million) in the first quarter, the company told Reuters. The company bought around 88,000 tonnes of raw sugar from India in 2019.



MSM is the sugar refining arm of the world’s largest palm oil producer, FGV Holdings, which is an unit of Malaysian state-owned Federal Land Development Authority or Felda.
Read more here
https://www.nst.com.my/news/nation/...a-buy-more-indian-sugar-resolve-palm-oil-spat

How comw you are sharing these news in this forum???It will burst the ego of so many esteemed people in this forum