Palm oil board urges countries to reconsider food versus fuel priorities

Countries should pause or slow down the use of edible oil as biofuel to ensure an adequate supply for use in food, Malaysian Palm Oil Board (MPOB) said on Monday, warning of a supply "crisis" following an Indonesian ban on palm oil exports.

Indonesia, which is the world's top producer and exporter of edible oil, on Friday said the ban will commence on April 28, in a shock move that could inflame surging global food inflation and constrain supplies....