EU environment committee clears path for momentous deforestation vote as palm oil prices stumble
date:Jan 19, 2023
ir exports sail toward more regulatory-friendly countries.

The option could be we just stop exports to Europe, just focus on other countries if they give us all a difficult time, says Fadillah Yusof, Malaysian Deputy Prime Minister and Commodity Minister.

Palm oil prices have been spiraling down for months, with few signs of relief for exporters, reaching their lowest level since February 2021 as global import demand remains sluggish, according to FAO.

After the Environment Committee approval
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