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Malaysia Monitors the CPO Supporting Fund



Malaysia Monitors the CPO Supporting Fund

KUALA LUMPUR  -The government of Indonesia which has announced the crude palm oil (CPO) Supporting Fund (CSF) is seriously seen by the government of Malaysia which becomes the competitor of national palm oil industry. 

Secretary of Plantation Industry and Commodity, Datuk Amar Douglas Unggah Embas, in his official statement said, the plan of government of Indonesiawill be used, especially to fund the biodiesel programme, to help the replanting programme, and to research programme in the plantation – the palm oil exporters will be hit about US$ 50/ton in delivering CPO and US$ 30/ton for the process CPO products.

So, Unggah continued as quoted from StarBiz, Wednesday (6/5) he himself will monitor the situation and the effects to Malaysian palm oil industries. (T3)

 

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