The government will draw up new strategies and approaches to combat the anti-palm oil campaign by the European Union (EU) which give negative perceptions of the palm oil industry in this country.
KUALA LUMPUR: Malaysian palm oil futures touched their lowest in more than three years on Wednesday, shedding gains from the previous session, as a plunge in crude oil prices dented sentiment.
Palm oil prices are influenced by movements in crude oil, as the edible oil is used as feedstock to make biodiesel.
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