The year 2007 proved to be challenging and rewarding
for the entire Malaysian palm oil industry and substantial
progress was recorded in several sectors. To meet new
challenges and to stay ahead of the competition, MPOC
had to reorganise many of its traditional approaches
and implement a new course of assertive actions. These
actions not only supported progress within the industry
as a whole but also helped to carve new paths for MPOC
in its eff orts to benchmark Malaysian palm oil.
- Dato' Seri Lee Oi Hian, Chairman of MPOC
Despite the lower production, palm oil closing stocks stood at 1.7 million tonnes, or 11.7% more than in 2006, which reflects the
lower export demand. Palm kernel oil closing stock decreased to 0.27 million tonnes, compared to 0.36 million tonnes over the
comparative period.
- Tan Sri Dato' Dr Yusof Basiron, CEO of MPOC
Download the full annual report to read the full statement by the Chairman and CEO. The annual report will also offer market overview, activities and market reports for various regions, promotional and other activities done by MPOC to strenghtened the image of Malaysian palm oil.
| DOWNLOAD THE FULL REPORT HERE |
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| File Size : 1.9 MB |
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