Govt urges palm oil millers to resume operations immediately

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Govt urges palm oil millers to resume operations immediately
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BANGI, June 28 — The government has urged palm oil millers who have ceased their milling operations due to the sharp fall in edible oil prices to resume operations...

BANGI, June 28 — The government has urged palm oil millers who have ceased their milling operations due to the sharp fall in edible oil prices to resume operations immediately.

Wee said to address the situation, the Malaysian Palm Oil Board — the country’s premier agency overseeing the industry — will be meeting with the millers. Malaysian crude palm oil price saw its biggest one-month decline in more than 13 years in June, tumbling 22 per cent to RM4,922 yesterday from a high of RM6,632.

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