Malaysia expects increased palm oil exports to China
Malaysia's Ministry of Plantations and Raw Materials is confident that exports of palm oil and related products to China this year will increase. will increase, Nasdaq reports, citing information from the Malaysian agency Bernama.
In particular, according to the ministry's expectations, Malaysia expects increased demand from China, especially in the oil chemical and feed sectors of China.
It is also noted that last year Malaysia supplied these goods to China for a total of $3.72 billion, accounting for 11% of total world exports of palm products.
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