KUALA LUMPUR: The outlook for the palm oil sector this year is difficult to predict partly due to demand for biodiesel, which may affect the price of crude palm oil (CPO), said Malaysian Palm Oil Association (MPOA) chief executive Azizi Meor Ngah.
“The demand for biodiesel is not just from here but other countries as well. If you factor that in, chances are the price of palm oil may go up.
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