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India asks Indonesia to raise palm oil supply as prices spike: Report

Ukraine and Russia accounted for nearly 13% of India's edible oil imports last year, supplying 1.6 million tonnes.

Palm oil, edible
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Reuters
India has asked Indonesia to increase palm oil shipments to the country to compensate for a loss of sunflower oil supplies from the Black Sea region due to the Ukraine crisis, several government and industry sources in India told Reuters.

India, the world's biggest buyer of edible oil, relies on top producer Indonesia for more than half of its palm oil imports, but has been worried by restrictions Jakarta put on its exports in January to calm local prices.

Limited palm supplies, followed by the halt in exports of sunflower oil from the Black Sea region - which accounts for 60% of

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