Malaysian Palm Oil Board (MPOB) director-general (DG) Dr Ahmad Parveez Ghulam Kadir (pic) said the easing of the Covid-19-induced lockdowns in most countries and the resumption of economic activities would translate into more demand for palm oil.
KUALA LUMPUR: The palm oil industry seems to have quickly adapted to the new norm and new business model driven by the Covid-19 scenario after experiencing a slowdown in exports and prices in the first quarter of 2020 due to the pandemic.
Malaysian Palm Oil Board (MPOB) director-general (DG) Dr Ahmad Parveez Ghulam Kadir said the easing of the Covid-19-induced lockdowns in most countries and the resumption of economic activities would translate into more demand for palm oil.
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