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Minister: 1.9m tonnes of palm oil exports to China will aid smallholders

This article is 5 years old

Primary Industries Minister Teresa Kok believes that China's plan to purchase an additional 1.9 million tonnes of palm oil from Malaysia over the next five years will help local smallholders tremendously.

"I cannot tell how it will help the (palm oil) price, because just like the price of petroleum, the price of palm oil fluctuates and changes everyday...

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