Hextar Industries expects fertilisers demand to stay healthy

KUALA LUMPUR: Hextar Industries Bhd (HIB) anticipates demand for fertilisers to remain healthy in 2023, according to executive director Alex Sham Weng Kong.

“With the recent recovery of crude palm oil (CPO) prices back to circa RM4,000 per metric tonne and with the easing of foreign labour issues, we are anticipating that demand for fertilisers will remain healthy in 2023 and we look forward to capitalising on our enlarged operations, network and capacity to meet this demand,” he said in a statement.