Malaysian Palm Oil Sector Performance in 2020 and Market ...
Despite lower palm oil export volume in 2020, total export revenue, however, increased by 7.0% to RM72.30 billion as compared to RM67.55 billion in 2019 due to higher prices of crude palm oil especially in the second half of last year. According to MPOB, the average CPO price in 2020 was RM 2685.50 per tonne compared to the 2019 price of RM2079 ...
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