Sri Lanka palm oil ban won't affect Malaysia's commodity market


MELAKA: Sri Lanka's ban on palm oil imports from Malaysia announced yesterday is not expected to affect the country's key commodity industry as Malaysia’s market is growing in several countries such as Africa and the Middle East.

Minister of Plantation Industries and Commodities Datuk Dr Mohd Khairuddin Aman Razali said apart from that, the demand for Malaysia’s palm oil was also increasing in the Philippines and Vietnam, thus proving that the quality of the commodity was one of the factors that helped expand its market globally.

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