Major palm oil producer mulls solution to supply crisis

May 10th 2022 6:06am EDT

Malaysian commodities minister says export tax cut would be temporary Malaysia is preparing to lower its export tax on palm oil amid the global edible oil shortage and growing demand, Plantation Industries and Commodities Minister Zuraida Kamaruddin told Reuters on Tuesday. “During these times of crisis, probably we can relax a little bit so that […]

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