The increasing world population and demand opens up vast potential for palm oil suppliers to explore new markets, but some areas need to be improved to smoothen the whole supply chain and better facilitate purchases by countries or companies. Local palm oil suppliers need to introduce a more competitive logistics system in continuing to supply palm oil products to the Central Asia region, for instance, said a top official of the Malaysian Palm Oil Board on the third day of the Future-Proofed Palm Oil (FPPO) 2020 International Summit and Exhibition today. Another speaker at the summit, Fatima Alimohamed, said the African continent is a place to be for the palm oil suppliers. Fatima also called for more investments in plantations, refining, manufacturing, packing and branding of palm oil and palm oil products there, since it has the land, sea and weather as well as a large labour force.

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The Edge Markets