Crude Palm oil prices have also seen a more than 100% increase, hugely affecting spending on the Country’s importing. However, due to the higher spread between the soft oil, imports year to date were up about 40%. Moreover, in an effort to relieve its people, the government has recently eased the import tax on refined palm oil hoping of increased flows and cheaper oil for consumers.
For the full report click here
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source : Capital Link Shipping
