Kashmir remark sparks trade war between India and Malaysia: palm oil businesses suffer

[BL33D]

Holy shit, it's like I'm talking to a walnut.

So you are telling me that Indonesia grows and processes about 100,000 gonna of oil a month and then throws it away, hoping that one day India will buy it?

Indonesia usually sold palm oil at a discount to Malaysia but that could be narrowed or wiped out if all Indian palm oil buying switched to Jakarta, said Bajoria of Sunvin Group. - Reuters
Thanks for the concern about Indian oil imports.

 

[Areesh]

Looks like bitter pills of truth was a bit too much and obviously when that happens some folks regress to cheap slurs and name calling. I hope it makes you feel better abusing someone you don't know on internet. lol

Funny the guy who believes that iaf strike at balakot was a complete success is talking about pills of truth

So they didn't retract it

Obviously

 

[BL33D]

If my info is correct... Tejas would not be given to the Malaysian for scrutiny... very bold comment by a tea hawker at MoD...

Amit Shah knows how to do BUSINESS...

NO BAN ON HUAWEI... but no telecom company is collaborating with them...
NO BAN OR DUTY ON PALM OIL... but nobody is buying it from Malaysia... IF alternative is available...



And what will you do with that palm oil... do you have INDUSTRIES TO ACCOMMODATE it...
You don't need Indian boycott to BUY oil... build capacity... don't bang your fingers on keyboard without knowing the BUSINESS...



Read again... no ban by government... indian industrialist are looking for OTHER OPTIONS... DECLINE BUT NO OUTRIGHT BAN...



I do hope that my aforementioned replies will help you to understand that we are looking at other OPTIONS and working accordingly...

Actually GOI is playing it pretty cool. They are not banning anything explicitly. But just the public sentiment and fear of any restrictions have forced the buyers to do it themselves.

JIO will never risk allowing Huawei equipments because they will face a lot of loss if that happens.

Same with palm oils. I am amazed how Pakistanis are rushing for Malaysia's aide and asking where will India get palm oil from. So jittery about GOI restriction, they didnt cry so much when Indo-Pak trade was banned.

 

[Novice09]

So basically India is just farting at the moment.

All this drama over a fart

You guys really do live in Bollywood

Here I was thinking that India was taking a stand even if it hurt it's industry, but reality is that nothing changed and Indian people got a lolly

And what are you doing on Kashmir... I can show 1000s of posts daring India on Kashmir... but just lip service... and Kashmiri people are happy... Hindus, Dogra, Buddhists and Muslims... all...

Even when Pakistan was doing all kind of misadventures... we kept the MFN STATUS intact... because at the end of the day your economy plays a big role in DEFINING your STATUS IN WORLD...

JUST TAKE A LOOK AT CHINA... ENTIRE UMMAH IS SILENTLY WATCHING and pretending to be unaware about it... and CHINESE are EDUCATING THE UIGHERS (please pardon of if I spelled it WRONG cos I don't give a damn about THEM)...
But China is China... Money matters...

 

[Riz]

Malysia should throw out all fuglindins from their land

 

[Novice09]

Actually GOI is playing it pretty cool. They are not banning anything explicitly. But just the public sentiment and fear of any restrictions have forced the buyers to do it themselves.

JIO will never risk allowing Huawei equipments because they will face a lot of loss if that happens.

Same with palm oils. I am amazed how Pakistanis are rushing for Malaysia's aide and asking where will India get palm oil from. So jittery about GOI restriction, they didnt cry so much when Indo-Pak trade was banned.

Informal meetings with leading Industrialists... government representative REQUEST them to understand why it is necessary... a report runs in newspapers... Government keep silence... and bang... things happen...

I really love this government on some fronts...

Malysia should throw out all fuglindins from their land

Ok... Thik h... but GHABRANA NAHI H...
Ghar me langer ki naan Kha lenge per Malaysia me NAHI rahenge... unki lat SE pehle he...

 

[PakSword]

Holy shit, it's like I'm talking to a walnut.

So you are telling me that Indonesia grows and processes about 100,000 gonna of oil a month and then throws it away, hoping that one day India will buy it?

They will buy from Indonesia.. which has consumers already... which will increase the oil price significantly.. and Malaysian oil will become cheap.. so the existing customers of Indonesia will shift to Malaysia. And when Malaysian oil will go cheap, Indian importers will again start buying from Malaysia.. that's why Malaysia is showing MF to India on this step..

This is how economics works.. unless Indonesia starts producing more oil to supply existing as well as new customers..

 

[xyxmt]

Malasiyan should talk to indinesians, setup an 'indonesian' company and resend the oil to India..Anyway, what if indonesia says something too? How many enemy India can make?

no, Malaysia should start kicking out Indians

 

[Goenitz]

no, Malaysia should start kicking out Indians

aren't they ethnic-indian Maly? even then, its not tit for tat..

 

[PakSword]

Below is a list showcasing 15 of Malaysia’s top trading partners, countries that imported the most Malaysian shipments by dollar value during 2018. Also shown is each purchasing country’s percentage of total Malaysian exports.

1. Singapore: US$34.4 billion (13.9% of total Malaysian exports)
2. China: $34.4 billion (13.9%)
3. United States: $22.5 billion (9.1%)
4. Hong Kong: $18.5 billion (7.5%)
5. Japan: $17.1 billion (6.9%)
6. Thailand: $14.1 billion (5.7%)
7. India: $9 billion (3.6%) (India exported $7.2 billion worth of produce to Malaysia in return)
8. Vietnam: $8.5 billion (3.4%)
9. South Korea: $8.3 billion (3.4%)
10. Australia: $8.3 billion (3.3%)
11. Taiwan: $8 billion (3.3%)
12. Indonesia: $7.9 billion (3.2%)
13. Germany: $7 billion (2.8%)
14. Netherlands: $6.4 billion (2.6%)
15. Philippines: $4.2 billion (1.7%)

Intelligent people can do the maths if Malaysia starts imposing duties and taxes on Indian products, how much will be the net result of "Malaysian Palm Oil" ban.

 

[BL33D]

Below is a list showcasing 15 of Malaysia’s top trading partners, countries that imported the most Malaysian shipments by dollar value during 2018. Also shown is each purchasing country’s percentage of total Malaysian exports.

1. Singapore: US$34.4 billion (13.9% of total Malaysian exports)
2. China: $34.4 billion (13.9%)
3. United States: $22.5 billion (9.1%)
4. Hong Kong: $18.5 billion (7.5%)
5. Japan: $17.1 billion (6.9%)
6. Thailand: $14.1 billion (5.7%)
7. India: $9 billion (3.6%) (India exported $7.2 billion worth of produce to Malaysia in return)
8. Vietnam: $8.5 billion (3.4%)
9. South Korea: $8.3 billion (3.4%)
10. Australia: $8.3 billion (3.3%)
11. Taiwan: $8 billion (3.3%)
12. Indonesia: $7.9 billion (3.2%)
13. Germany: $7 billion (2.8%)
14. Netherlands: $6.4 billion (2.6%)
15. Philippines: $4.2 billion (1.7%)

Intelligent people can do the maths if Malaysia starts imposing duties and taxes on Indian products, how much will be the net result of "Malaysian Palm Oil" ban.

And show me where is the duty on palm oil? Its not, the buyer changed their preference owing to risk. Malaysian palm oil futures in stock have dropped.

"Malaysia traditionally cornered the bulk of India’s refined palm oil shipments, while Indonesia dominated crude palm oil supplies, said Govindbhai Patel, managing director of trading firm G.G. Patel & Nikhil Research Company.

Indonesia usually sold palm oil at a discount to Malaysia but that could be narrowed or wiped out if all Indian palm oil buying switched to Jakarta, said Bajoria of Sunvin Group."
https://www.reuters.com/article/us-...hases-fearing-duty-hike-traders-idUSKBN1WT19V

https://www.business-standard.com/a...ter-palm-oil-curbs-threat-119101600010_1.html

"These steps will be taken in light of India's importance as our third-largest export destination in 2018 for palm oil and palm-based products worth 6.84 billion ringgit ($1.63 billion)," Teresa Kok, the Malaysian minister in charge of the palm oil portfolio, said in a statement.
India is one of the biggest producers of sugar and buffalo meat in the world.

Lol, India hasnt even imposed duty on their oil yet. And see their reaction.

 

[Rusty]

And what are you doing on Kashmir... I can show 1000s of posts daring India on Kashmir... but just lip service... and Kashmiri people are happy... Hindus, Dogra, Buddhists and Muslims... all...

Even when Pakistan was doing all kind of misadventures... we kept the MFN STATUS intact... because at the end of the day your economy plays a big role in DEFINING your STATUS IN WORLD...

JUST TAKE A LOOK AT CHINA... ENTIRE UMMAH IS SILENTLY WATCHING and pretending to be unaware about it... and CHINESE are EDUCATING THE UIGHERS (please pardon of if I spelled it WRONG cos I don't give a damn about THEM)...
But China is China... Money matters...

Could not handle the fact that India is just farting on this topic so had to change the topic completely.

This is actually clinical denial.
You are exhibiting a medical condition at the moment

Below is a list showcasing 15 of Malaysia’s top trading partners, countries that imported the most Malaysian shipments by dollar value during 2018. Also shown is each purchasing country’s percentage of total Malaysian exports.

1. Singapore: US$34.4 billion (13.9% of total Malaysian exports)
2. China: $34.4 billion (13.9%)
3. United States: $22.5 billion (9.1%)
4. Hong Kong: $18.5 billion (7.5%)
5. Japan: $17.1 billion (6.9%)
6. Thailand: $14.1 billion (5.7%)
7. India: $9 billion (3.6%) (India exported $7.2 billion worth of produce to Malaysia in return)
8. Vietnam: $8.5 billion (3.4%)
9. South Korea: $8.3 billion (3.4%)
10. Australia: $8.3 billion (3.3%)
11. Taiwan: $8 billion (3.3%)
12. Indonesia: $7.9 billion (3.2%)
13. Germany: $7 billion (2.8%)
14. Netherlands: $6.4 billion (2.6%)
15. Philippines: $4.2 billion (1.7%)

Intelligent people can do the maths if Malaysia starts imposing duties and taxes on Indian products, how much will be the net result of "Malaysian Palm Oil" ban.

Forget even that, ugly Indians love to run away to Muslim countries including Malaysia.
All Malaysia has to do is threaten them with no more endians allowed and these uggos will bow so fast begging to be let into Muslim lands.

 

[Protest_again]

Could not handle the fact that India is just farting on this topic so had to change the topic completely.

This is actually clinical denial.
You are exhibiting a medical condition at the moment


Forget even that, ugly Indians love to run away to Muslim countries including Malaysia.
All Malaysia has to do is threaten them with no more endians allowed and these uggos will bow so fast begging to

If not for ethnic Chinese and Indians, you know what Malaysia could have been, right? Like all other Muslim countries in the world.

Malaysians are smart enough thankfully to realise that.

 

[PakSword]

Lol, India hasnt even imposed duty on their oil yet. And see their reaction.

Futures will recover.. The difference between Indian-Malaysian imports/exports is very minimal. Exports to India are only 3-4% of the total exports of Malaysia. Malaysia hasn't even announced anything.. and India hasn't officially informed Malaysia about any possible trade related actions yet.

You guys need to impose trade war on China first. If you couldn't do anything to China, which has huge trade surplus over India, there is a remote chance that you will do anything against a country which is a equal business partner..

You will hurt your exporters, your exporters will get hurt in return.. Simple.

Forget even that, ugly Indians love to run away to Muslim countries including Malaysia.
All Malaysia has to do is threaten them with no more endians allowed and these uggos will bow so fast begging to be let into Muslim lands.

It's all talk.. India can't do anything just like they haven't done anything against China.. Instead, they have done everything to please Chinese president during his latest visit.

 

[Kabira]

If not for ethnic Chinese and Indians, you know what Malaysia could have been, right? Like all other Muslim countries in the world.

Malaysians are smart enough thankfully to realise that.

Chinese maybe but Indians? Comparing India with Malaysia is delusional. Look at both countries.