Planters to gain from duty waiver


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.

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planters , crude palm oil , CPO , export duty ,

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