News Snapshot:
- A + A KUALA LUMPUR (July 19): The Ministry of Plantation Industries and Commodities (MPIC) on Tuesday (July 19) said it remains optimistic that China will increase its palm oil imports despite the current global challenges. Its minister Datuk Zuraida Kamaruddin said China is expected to import an estimated volume of 4.8 million metric tonnes (MT) of palm oil globally in 2022 based on the assumption that the June-December 2022 import quantity is at par with the same period in 2021. This is set against current global economic challenges such as the high-interest rate environment, inflationary pressure, and recessionary...
