China's Quanzhou to procure Malaysian palm oil

A delegation from Quanzhou, China recently met with the Malaysian Palm Oil Board (MPOB) to procure palm oil to fulfil China’s demand for peak food production season in the third quarter of this year (3Q23). The meeting agreed to strengthen cooperation, notably in encouraging supply chain developments for the Malaysian oil palm industry and Fujian food industry, and procurements of palm oil. Quanzhou is one of the largest production centres for snack food, confectioneries and bakeries, with palm oil being the most important ingredient in the snack food industry in China. Therefore, food factories in Quanzhou are demanding palm oil with high quality and functionalities to meet the competitive and emerging growth of the snack food market in the country. For the record, Quanzhou is the main destination for palm oil exports in China. MPOB DG Datuk Dr Ahmad Parveez Ghulam Kadir said it has developed new palm oil formulations for food applications especially innovations using red palm ...