A wake up call for Malaysia

“I think that, given its role in the production of palm oil, Indonesia is in a position to give a real challenge to Malaysia’s CPO benchmark price," says Ferlito.

INDONESIA’S decision to establish its own crude palm oil (CPO) benchmark pricing is a development that was expected to happen sooner or later.

It is also another major wake-up call for Malaysia to continue to adapt, innovate and move forward in order to stay relevant and stay on top of its game in the region.