Growth of palm oil stockpile not a cause for concern: Zuraida

PETALING JAYA: The increase in palm oil stockpile should not be a concern as exports are expected to improve, says Datuk Zuraida Kamaruddin.

The Plantation Industries and Commodities Minister said the stockpile was likely to dip as stronger exports were expected following the Indonesian government’s recent move to widen its export ban on raw materials for cooking oil and crude palm oil (CPO) production.