Palm oil seen hitting RM2,400 per tonne


MELAKA: The price of palm oil is expected to increase gradually to reach RM2,400 per tonne this year, said Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin.

Citing a Reuters study, he said the rise may be attributed to several factors, including surging demand from the chocolate and fuel industries, domestically and globally.

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Business , Palm oil , price , RM2 , 400 , fuel , chocolate , industries , commodity ,

   

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