Plantation sector gets boost from India


FILE PHOTO: A Sime Darby Plantation worker collects palm oil fruits at a plantation in Pulau Carey, Malaysia, January 31,2020. - REUTERS/Lim Huey Teng/File Photo

PETALING JAYA: Analysts are positive on the recent renewed buying interest from India for crude palm oil (CPO) from Malaysia.

Reuters on Tuesday reported that leading Indian importers last week had contracted up to 200,000 tonnes of local CPO to be shipped out in June and July.

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