MPOA lauds move to preserve forest

Malaysian palm oil futures made gains on Friday evening, their first in three sessions

KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) fully supports the Primary Industries Ministry’s move to preserve more than 50% of the country’s land as forest, while its members focus on enhancing their oil palm yields.

This comes to light after the world’s largest palm oil producers Malaysia and Indonesia took a firm stance not to allow the expansion of new oil palm plantations.