Supply Chain Research

The Indian government will apply increased duties to Malaysian palm oil imports to protect the domestic refining industry. Indian imports of palm oil had dropped by 11.3% year over year in 1Q, but surged in April and May as a result of increased Malaysian supplies. The imports from Malaysia climbed by 41.0% year over year in April and by 109% in May, partly at the expense of shipments from Indonesia. Panjiva’s shipping data shows the largest importer of palm oil to India from Malaysia in the 12 months to May 31 was the local joint venture of Adani and Wilmar, followed by the local subsid...