Malaysia is in talks with India and other countries to urge them to continue buying Malaysian palm oil, its trade minister said on Thursday, after calls for a boycott of the commodity by Indian traders.
"We are continuously engaging not only with India but all countries to purchase our palm oil," minister Darell Leiking said.
India's top vegetable oil trade body on Monday asked its members to stop buying Malaysian palm oil, after criticism by Malaysian Prime Minister Mahathir Mohamad on New Delhi's actions in the disputed region of Kashmir. Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.