Tapping the market for good yields

Palm oil is one of the key contributors to the country’s GDP.

FROM a humble beginning in the 1960s, the Malaysian palm oil industry has transformed to become one of the key contributors to the country’s Gross Domestic Product (GDP), foreign exchange earnings and employment opportunities.

Prices of crude palm oil (CPO) may tend to fluctuate but the overall supply and demand remain consistent and on a steady upward trend over the years.