Minister: Palm oil industry agrees to reduce cooking oil prices in stages

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Annuar Musa says authorities also monitoring cooking oil smuggling activities.

 

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Annuar Musa: Palm oil industry has agreed to lower prices of cooking oil in stagesPUTRAJAYA, July 14 — The palm oil industry has agreed in principle to make adjustments to reduce prices of cooking oil in stages, based on the current market price of crude palm...
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Price of cooking oil will be based on market palm oil prices, says AnnuarPETALING JAYA: Industry players have agreed that the prices of cooking oil will be based on the current market of palm oil prices, says Tan Sri Annuar Musa.
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