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Commerce Ministry takes steps towards reducing price of ...
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19 Mar 2020 “The overnight drop in crude oil prices is lowering palm oil prices,” said Rajesh Modi, a trader at Sprint Exim Pte in Singapore. “Low buying by
WORLD PALM OIL SUPPLY, DEMAND, PRICE AND … Oil palm has the highest average productivity compared to other major crops. It is the most efficient producer of oil among the oil crops. It is capable of producing 4,080 kg of palm oil and 456 kg of palm kernel oil giving a total of 4,536 kg of palm oil products per year from a hectare of land (Table 1). Commerce Ministry takes steps towards reducing price of ... Commerce Minister Jurin Laksanawisit has told the Department of Internal Trade (DIT) to cut the price of palm oil by Bt2 to Bt3 to ease the burden on consumers during the Covid-19 crisis. He said that over the past few days, entrepreneurs have been selling palm oil at the highest specified price
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