KUALA LUMPUR, Dec 21 — The reinstatement of crude palm oil (CPO) export tax starting next month is unlikely to affect demand for the local commodity in the European Union (EU), according to the Malaysian Palm Oil Council (MPOC).
Its chief executive officer, Datuk Dr Kalyana Sundram, said the EU market is less troubled by the pricing mechanism and more concerned about the quality and sustainability of the products, which Malaysia’s CPO can offer.
