Planters Ordered to Destroy Oil-Palm as Sri Lanka Joins Boycott

Caixin Global | Apr 7, 2021 at 3:18 PM
  • — Palm oil suffered another blow as Sri Lanka banned imports of the world’s most-consumed cooking oil and told planters to get rid of all the tropical trees in the country.
  • The U.S has stopped inbound shipments from some top producers in Malaysia on allegations of forced labor in the second-biggest grower, while the EU plans to phase out palm-based biofuels by classifying the commodity from large plantations as unsustainable.
  • Sri Lanka’s President Gotabaya Rajapaksa ordered companies and other entities growing oil palm to remove the trees in a phased manner.