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Bloomberg
The trade spat between India, the world’s biggest palm buyer, and Malaysia seems to be escalating, with an influential processors’ group in Mumbai asking its members to refrain from buying the tropical oil from the second-largest producer.
Malaysian PM Mahathir Mohamad last month told the United Nations that India “invaded and occupied†Kashmir.
Since then, many Indian buyers of palm oil have started shifting to supplies from Indonesia amid concern that Prime Minister Narendra Modi will curb purchases of the vegetable oil from Malaysia.