Palm oil
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To slow the soaring price of domestic cooking oil, Indonesia has banned the exports of all palm oil. Indonesia is the largest exporter of palm oil in the world. Palm oil is the most produced, consumed and traded edible oil in the world. Ukraine and Russia are also major exporters of sunflower oil, whose market…
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The future of Malaysia’s palm oil industry is hanging in the balance with Members of the European Parliament (MEPs) taking steps toward ratifying the proposed resolution to ban importation of palm oil into the European Union (EU) next month. A report from Free Malaysia Today quotes the vice-president of the Asia-Pacific Parliamentarians’ Conference on Environment and Development…
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