Action and reaction: An oil palm plantation worker lugging a freshly harvested fresh fruit bunch. Indonesia’s tax structure on palm oil has forced Malaysia to respond accordingly to protect and recover its market share. — Pic courtesy of MPOC
No-win situation for Indonesia and Malaysia in a prolonged battle
THE palm oil price war between Indonesia and Malaysia – the world’s two largest producers – needs to be resolved fast as it is a no-win situation for both countries if prolonged.
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