KUALA LUMPUR: Palm oil planter IOI Corp Bhd
expects implementation of aggressive biodiesel targets in Malaysia and Indonesia to support the price of the commodity in 2020.
“In view of the bullish palm oil prices, we expect the plantation segment to perform better for the remaining period of financial year ending June 30, 2020 (FY20)," IOI Corp said in a filing with Bursa Malaysia today.
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