Bright Outlook For Palm Oil Next Year, Says MPOB

29.11.2016

The outlook for the country's palm oil sector next year is bright on the back of higher global demand.

Malaysian Palm Oil Board (MPOB) Director-General Dr A. Kushairi Din said the US and Indonesia's commitment to boost biofuel usage, coupled with China's positive response towards increasing oil palm import from Malaysia would be a boon to the industry.


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