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Palm oil opportunities: India and China demand for Malaysian palm oil likely to rise this year as economies open up By Pearly Neo Malaysian palm oil is expected to see a rise in demand from India and China this year as economies gradually open up and local stocks diminish, but the industry must improve logistics and digital reach to effectively capitalise, according to industry experts.
The experts - Malaysian Palm Oil Council (MPOC) Deputy Director Faisal Iqbal, Malaysian palm oil products manufacturer Alami Group Managing Director Ahmed Alami, and agriculture research firm Refinitiv Senior Analyst Dr Tan Kian Pang - convened at a virtual seminar on palm oil price trends and market expectations for 2021.