date:Oct 15, 2012
on Oct. 12, which will take effect from Jan. 1, did not mention how the government intends to address the issue of record palm-oil inventory in the interim, it said.
Reserves of palm oil increased to an all-time high of 2.48 million tons last month, according to data from the Malaysian Palm Oil Board. That was the third straight increase in monthly holdings, and 46 percent above the level in June.
Dompok said Oct. 12 that the government will cut the export duty on the crude variety and abolis