Downstream shift: The shift towards downstream products for Sime Darby Plantation will also help to alleviate some of the risks normally associated with upstream business.
DEMAND from India for Malaysian palm oil has improved significantly with shipment volume rising to above 120,000 tonnes in May after four months of muted growth.
This renewed buying from India came on improved trade relations between the two countries; India’s vegetable oil stocks had also been reduced significantly due to lower imports and domestic production.
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