Malaysia urges palm oil mills to resume production despite price drop


KUALA LUMPUR: Malaysian authorities on Tuesday called on palm oil millers to resume production and buy oil palm fruits from farmers, after a plunge in prices of the edible oil prompted some companies to halt processing.

Unprofitable pricing meant some mills in Malaysia, the world's second-largest palm oil producer, had temporarily halted operations, an industry body said on Monday.

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crude palm oil , Palm oil , CPO , POMA , MPOB

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