MPOC: Moderate recovery seen for Malaysia's palm oil exports in 2021


KUALA LUMPUR: Malaysia’s crude palm oil (CPO) exports are expected to see a moderate recovery with the CPO production reaching 19.6 metric tonnes (MT) for 2021 compared with 19.14 MT last year, the Malaysian Palm Oil Council (MPOC) said.

Chief executive officer Datuk Dr Wan Zawawi Wan Ismail said the price forecast was based on uncertainties pertaining to the COVID-19 pandemic recovery, political situation and stimulus packages.

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POINTERS 2021 , CPO , Palm Oil , MPOC , economy

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