Malaysia says its red palm oil can enter China

Reuters2021-03-29

KUALA LUMPUR, March 29 (Reuters) - China, the world's second-largest palm oil buyer, has allowed the import of red palm oil from Malaysia, the Southeast Asian nation said on Monday.

China implemented new standards starting March 1 that allowed unrestricted imports of premium palm oil from Malaysia, the Malaysian Palm Oil Board (MPOB) said in a statement.

Red palm oil is a type of the widely used edible oil that is rich in vitamin E and antioxidants.

Previously, Malaysian red palm oil was not allowed into China because of colour specifications there.

"The newly announced Chinese group standard allows the import of red palm oil without the barrier effective from 1 March 2021," said MPOB Director General Ahmad Parveez Ghulam Kadir.

Malaysia is the world's second-biggest producer of palm oil after Indonesia.

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Comments

erichosk
2021-03-29
erichosk
Good for Malaysia.
Zhenks
2021-03-29
Zhenks
Like comment please thanks!
- Aaronykc:
  Ok please comment n like back
LohYK
2021-03-29
LohYK
Take advantage when u can still enter....
ConnieCD
2021-03-29
ConnieCD
Wow
HOCK
2021-03-29
HOCK
Good good
Basketrif
2021-03-29
Basketrif
Its good that china has allowed this as red palm oil is considered a high end oil with health benefits

Leave a comment

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benefits","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352415162","repostId":2123280681,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":53,"commentSize":25,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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