date:Nov 06, 2018
n from cheaper Indonesian shipments and a weak Indian rupee, which has shed nearly 8% since end-June, making imports more costly.
Malaysian shipments to India fell more than 20% in October, according to cargo surveyor Intertek Testing Services, while another cargo surveyor, Societe Generale de Surveillance, put the fall at 63%.
Chinese demand typically tapers off in the last quarter of the year as colder winter temperatures can solidify palm oil, leading buyers to seek alternatives.
The surve