Major contributor: A man works at an oil palm plantation in Dengkil, Selangor. Exports of palm oil and palm oil-based agriculture products accounted for RM96.53bil or nearly 80% of Malaysia’s exports of agriculture goods in 2022.
IN mid-January, when Indonesia’s Trade Minister Zulkifli Hasan said the country plans to launch a crude palm oil (CPO) benchmark price by June, it caused a buzz among palm oil industry stakeholders in Malaysia.
Indonesia is the largest producer of palm oil, followed by Malaysia.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
