Posted by calvintaneng > 2021-07-31 09:36 | Report Abuse

Esg concern?

Wrong leh

Major export of palm oil is to India and China with combined population of over 2.75 Billion people

India fearing high food inflation has even reduced palm oil tax to allow more palm oil imports
So Esg is not a concern for India

China has pledged to import palm oil from Malaysia as well since Malaysia is part of the maritime silk route

biodisel is also in uptrend as Phillips 66 in USA is building a large biodisel refinery

So better call for an upgrade for palm oil