Malaysia expects to increase sale of crude palm oil in Nigeria

Anthonia Egbe
게시됨 2020년 7월 6일
With low level of stocks in Nigeria, the largest consumer of oil and fat in sub-Saharan Africa, It is expected to lead to an increase in its imports of crude palm oil (CPO) in the next few months, according to a study on the Nigerian market just published by the Malaysian Palm Oil Council (COPD).
Malaysia, the world's second largest producer of CPO, intends to take advantage of it, the decision to exempt 100% of export duties on the CPO from July 1 to December 31, 2020 gives Malaysian exporters an advantage over
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