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SEA Advisory to ban Malaysian palm oil imports

Solvent Extractors’ Association (SEA), the industry body for Indian edible oil has issued an advisory to its members to refrain from importing palm oil from Malaysia. “Our Government has not taken kindly to the unprovoked pronouncements by the Malaysian Prime Minister and is contemplating some retaliatory action. It would be in fitness of things, as responsible Indian vegetable oil industry, we avoid purchasing of palm oil from Malaysia till such time clarity on the way forward emerges from Indian Government. In your own interest as well as a mark of solidarity with our Nation, we should avoid purchases from Malaysia for the time being. We trust you would heed our advise,” stated Atul Charturvedi, president, SEA in a letter addressed to its members.