Malaysia looking into ways to export more palm oil to China

GEORGE TOWN: The Plantation Industries and Commodities Ministry has formed a team to find ways to increase exports of palm oil and palm oil products to China, following the country’s decision to impose 25% levy of soya oil imported from the United States.

“China has announced the 25% levy on soya oil in response to the United States imposing duty on some Chinese items. The country is the biggest buyer of soya bean in the world from the United States,” said its minister Datuk Seri Mah Siew Keong.