Malaysia Shutting Most Palm Oil Operations, Trade Group Says

(Bloomberg) — Follow Bloomberg on LINE messenger for all the business news and analysis you need.Malaysia will be closing most of its palm oil operations as the country shutters non-essential business in an effort to fight the spread of the coronavirus, according to the Malayan Agricultural Producers Association.The world’s second-largest producer will be halting operations at plantations, mills and factories for two weeks starting Wednesday, the trade group said. The government order will exclude palm oil refineries, which process crude palm oil into edible oils used in cooking oil, ice cream and margarine, as well as non-edible oils used in …read more

Source:: Yahoo Finance

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