Plantation Industries and Commodities (MPIC) Minister Datuk Zuraida Kamaruddin said that in less than one year, Indonesia’s policy on palm oil export has created market uncertainties in major importing countries like India.
KUALA LUMPUR: Malaysia is prepared to meet India’s demand for palm oil in light of potentially inconsistent supply from Indonesia as a result of changes in palm oil export policy.
Plantation Industries and Commodities (MPIC) Minister Datuk Zuraida Kamaruddin said that in less than one year, Indonesia’s policy on palm oil export has created market uncertainties in major importing countries like India.
“The MPIC will step up efforts to promote Malaysian palm oil, not just in India but throughout the world, including non-traditional markets in line with ‘The Global Movement to Champion the Goodness of Palm Oil’ campaign,” she said in a statement. — Bernama
