|
Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
Malaysia lowers November crude palm oil reference price, duty remains at 10%
Plantation outlook remains neutral amid record-high inventories
Malaysia mulls CPO tax waiver as palm oil stocks hit record 3.5mil tonnes
Spike in production cost leads to rise in prices
Its president Tan Chee Hee said the prices of raw materials such as corn and soybeans had increased between 50% and 80%.
