CPO export tax unlikely to affect EU demand

KUALA LUMPUR: The reinstatement of crude palm oil (CPO) export tax starting next month is unlikely to affect demand for the local commodity in the European Union (EU), according to the Malaysian Palm Oil Council (MPOC). Its chief executive officer, Datuk Dr Kalyana Sundram, said the EU market is less troubled by the pricing mechanism […]

B20 biodiesel for transport sector to be launched in phases

PUTRAJAYA: The B20 biodiesel programme for the transport sector is expected to be launched in phases next year, that would give a fillip to the crude palm oil (CPO) price which is projected to reach RM3,000 per tonne. Primary Industries Minister Teresa Kok Suh Sim said the programme would start in Langkawi, followed by Labuan, […]