China will keep buying palm oil from M’sia, says minister


Darell Leiking, Malaysia's international trade and industry minister, gestures as he speaks during a Bloomberg Television interview on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 22,2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 - 24. Photographer: Simon Dawson/Bloomberg

SINGAPORE: Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the US amid the trade war, according to International Trade and Industry Minister Darell Leiking.

“I don’t think so, ” Leiking said in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, when asked about the impact on its critical palm oil exports.

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Palm oil , China , buy , Darell Leiking , Davos , Malaysia ,

   

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