“Right now, the coronavirus will affect Malaysia and the world economy for the next few months but Malaysia will overcome it, ” Kok(pic) told reporters on the sidelines of the Reach & Remind, Friends of the Industry Seminar and Dialogue organised by the Malaysian Palm Oil Council (MPOC).
PUTRAJAYA: Primary Industries Minister Teresa Kok expressed optimism on crude palm oil (CPO) prices and exports of palm oil to China, saying that the setback of China’s novel coronavirus is temporary.
Given that CPO prices headed south since last week, Kok said Malaysia’s economy would overcome the negative impact of palm oil prices from the coronavirus similar to the outbreak of severe acute respiratory syndrome (SARS) in 2002.
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