Tuesday, November 3, 2009

Palm Oil Production Cuts

Jenica Alsip

http://biz.thestar.com.my/news/story.asp?file=/2009/11/3/business/5028008&sec=business

Indonesia and Malaysia produce 80 % of the palm oil used around the world. Of the 1.3 million tonnes that Malaysia produces per year 500,000 tonnes will be cut back temporarily in hopes of educating smaller farmers on how to preserve the environment and adopt sustainable farming practices.

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