No significant impact on major local commodities

BY YAP LENG KUEN, K.P. LEE, JAGDEV SINGH SIDHU, HANIM ADNAN, LEE KAR YEAN, PAULINE S.C. NG, HONG BOON HOW, KATHY FONG, DALJIT DHESI, P.W. THONG, YVONNE CHONG, DAVID TAN, DANNY YAP, ELAINE ANG AND YAP LIH HUEY 

MAJOR local commodities like crude palm oil (CPO), rubber and timber will not be significantly affected by the US-led war on Iraq, except for rising concerns over the higher freight cost and insurance charges to countries near to the battle zone, industry players said.