Ministry eager to stabilise prices
Crude palm oil exports may reach 1 million tonnes this year, up from 919,000 tonnes last year, driven by a higher supply of oil palm and strong demand from India and China, according to the Commerce Ministry.
Wattanasak Sur-iam, director-general of the Internal Trade Department, said the ministry plans to increase crude palm oil exports this year as much as possible to maintain the stability of prices in the domestic market.
Mr Wattanasak cited a forecast by the Agricultural Economics Office…
