date:Oct 15, 2012
e planned changes should have been introduced immediately as inventory is already at a record, OSK said.
The tax reduction will allow the industry to compete with other exporting countries, the Plantation Industries and Commodities Ministry said on Oct. 12. The planned removal of the duty-free quota was the best thing for the industry, according to Malaysias Palm Oil Refiners Association.
Reserves in Malaysia may reach 3 million tons by January, according to a forecast on Sept. 23 from Dorab M