PETALING JAYA: Local integrated planters and palm oil refiners with an early head-start at producing red palm oil stand to become major beneficiaries to China’s latest decision to allow the importation of such commodity into the country.
According to industry observers, the potential beneficiaries include Sime Darby Plantation Bhd, Sarawak Oil Palms Bhd, United Plantations Bhd, Carotino Sdn Bhd, a subsidiary of Johor-based JC Chang Group and Harvist by Profes Lipid Sdn Bhd.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!