PETALING JAYA: Local planters will stand to be beneficiaries to the government’s latest move to suspend the crude palm oil (CPO) export duty till the end of this year, say analysts.
According to CGS-CIMB Research, the move could shift the product mix of palm oil exports in favour of CPO over processed palm oil and reduce the value added palm oil exports.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
