# What's the link between palm oil and the Kashmir dispute?

> India's Solvent Extractors' Association urged members to avoid buying Malaysian palm oil in solidarity over Kashmir, after Malaysia's prime minister criticised India's Kashmir policy. Indian buyers largely shifted purchases from Malaysia to Indonesia as a precaution, and India had bought over 4 million tonnes from Malaysia in January-October 2019.

- Date: 2020-01-01 · published 2020-01-01T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/8617-what-s-the-link-between-palm-oil-and-the-kashmir-dispute
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A boycott by India, the largest edible oil importer, removes a major source of demand for Malaysian palm oil and shifts purchases toward Indonesia. This pressures Malaysian palm oil prices and export volumes.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-05-28 | [Malaysia to escalate EU palm oil dispute at WTO \| Malay Mail](https://feedsoft.ai/events/46981-malaysia-to-escalate-eu-palm-oil-dispute-at-wto-malay-mail.md) | -1.7% | -12.4% |
| PALMOIL | 2017-05-24 | [Chinese demand for palm oil set to drop \| The Star](https://feedsoft.ai/events/71094-chinese-demand-for-palm-oil-set-to-drop-the-star.md) | -0.7% | -4.8% |
| PALMOIL | 2018-05-03 | [Malaysian palm oil price slides to 16-month low on weak demand \| The Star](https://feedsoft.ai/events/6612-malaysian-palm-oil-price-slides-to-16-month-low-on-weak-demand-the-star.md) | +0.0% | +1.5% |
| PALMOIL | 2020-03-23 | [Palm Oil News - The CPO Markets Would Keep Decreasing](https://feedsoft.ai/events/54013-palm-oil-news-the-cpo-markets-would-keep-decreasing.md) | +1.3% | -3.8% |
| PALMOIL | 2021-05-18 | [Palm oil falls as traders weigh weakening demand](https://feedsoft.ai/events/47188-palm-oil-falls-as-traders-weigh-weakening-demand.md) | -2.5% | -12.8% |

## Sources

- bbc.com: https://www.bbc.com/news/world-asia-50317980

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.