Malaysia's palm oil exports to exceed 2011 record high of RM80.41b in 3-5 yrs


KUALA LUMPUR: Malaysia would be able to register another record palm oil export figure in the next three to five years, surpassing the all-time high of RM80.41bil in 2011.

Deputy Minister of Plantation Industries and Commodities, Datuk Hamzah Zainudin said the growing export and presence of oil palm biomass in the country, as well as the appreciation of the crude palm oil (CPO) prices, will enable Malaysia to report another record year.

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