M’sia will not lose out to neighbours - Zuraida on palm oil exports

Plantation Industries and Commodities Minister Zuraida Kamarudidn has said that Malaysia will not lose out to neighbour Indonesia after palm oil exports resume.

In a statement today, she soothed concerns from all local oil palm growers on Indonesia’s recent move to lift the ban on palm oil exports effective tomorrow (May 23).

“While a knee-jerk correction in palm oil price is...