JAKARTA: Malaysia and Indonesia agreed that global prices of palm oil should be determined by the two biggest producers and they should not compete, Malaysia’s Prime Minister Ismail Sabri Yaakob said after meeting Indonesia’s President Joko Widodo on Friday.
Palm oil prices were among several issues the two leaders discussed in their meeting in Jakarta, he said, without elaborating further on the palm oil discussion.
“Price of palm oil should be determined together by Malaysia and Indonesia and there should be no competition in terms of pricing because Malaysia and Indonesia are the two countries that…