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Bangkok Post
Bangkok Post
Business

Indonesia, Malaysia agree palm oil prices should not compete

Indonesia Malaysia Ismail Sabri Ismail Sabri Yaakob Joko Widodo Jakarta
A scenic view of the sunset at a rice field and palm trees at Sam Khok in Pathum Thani province. (File photo: Bangkok Post)

JAKARTA: Malaysia and Indonesia agreed that global prices of palm oil should be determined by the two biggest producers and they should not compete, Malaysia's Prime Minister Ismail Sabri Yaakob said after meeting Indonesia's President Joko Widodo on Friday.

Palm oil prices were among several issues the two leaders discussed in their meeting in Jakarta, he said, without elaborating further on the palm oil discussion.

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