MPOB urges palm oil industry players to export tocotrienol products to China

Published Apr 4, 2024

Tridge summary

The Malaysian Palm Oil Board (MPOB) has recently announced a significant milestone for the Malaysian palm oil industry with the approval of palm tocotrienol (Vitamin E) products for export and use in food applications in China, effective from March 13. This approval marks a major opportunity for Malaysia to expand its market presence and boost income in one of the world's largest consumer markets. Coinciding with the 50th anniversary of Malaysia-China diplomatic relations, this development not only strengthens the bilateral ties between the two nations but also promises to positively impact Malaysia's economy by enhancing tocotrienol exports to China, contributing to the growth and sustainability of the agricultural sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) is urging players in the palm oil industry to seize the opportunity to export palm tocotrienol products to China after receiving approval to register the product in the republic recently. Following approval received on March 13, palm tocotrienol (Vitamin E) is now permitted for export and use in food applications in China. MPOB Director General Datuk Dr Ahmad Parveez Ghulam Kadir said the approval also provided an opportunity for industry players to take advantage of the potential to significantly strengthen their market position and income in one of the world's largest markets. "This approval is one of the best gifts awarded by the Chinese government to the Malaysian oil palm industry in conjunction with the celebration of the 50th anniversary of diplomatic relations between Malaysia and China, symbolizing strong and lasting friendship as well as mutual respect and cooperation," he said in a statement. In addition, the approval ...
Source: Astroawani

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.