First Virtual POTS Digital 2021 Garners International Praise Malaysian Palm Oil Council (MPOC) organized its first ever, virtual conference, Palm Oil Trade Fair & Seminar (POTS Digital 2021), from January 5 – 8, 2021. The Palm Oil Trade Fair & Seminar (POTS) flagship programme of MPOC was launched in 2006 with an objective to enhance the development and growth of the Malaysian palm […]
China’s Vegetable Oil Outlook and Palm Oil Situation The rapid development of China’s economy and its implication on people’s living standards has been a catalyst in the growing consumption of edible vegetable oils. According to the China Bureau of Statistics, the per capita edible vegetable oil consumption has increased from 7.7 kg in 1996 to 9.8 kg in 2019. Soybean oil is the […]
Outlook for Malaysian Palm Oil Exports to Asia Pacific Region (excluding China) in 2020 The Asia Pacific is one of the vibrant economic regions in the world. In 2019, the total GDP value of Asia Pacific was USD 11.55 trillion which is contributed about 13.2% to the global GDP value. The Asia Pacific includes several emerging countries like Indonesia, Malaysia, the Philippines, South Korea, Taiwan, and Thailand. These emerging […]