PM will push China to import more palm oil

The benchmark palm oil futures for November rose 1.2% to RM2,594 a tonne at the close of trade. For the week it was down 1.7%, its sharpest weekly decline in more than two months.

CHINA will be asked to increase its import of palm oil from Malaysia when Prime Minister Datuk Seri Najib Tun Razak meets with Chinese Prime Minister Li Keqiang today.

Plantation and Commodities Minister Datuk Seri Mah Siew Keong told reporters this after a welcoming ceremony for Najib at a leading hotel in Beijing yesterday.