Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Coconut
Date
18/09/2018
Policy Category
Other
Policy Instrument
Sector development measures
Description
Planned to set up a special body to manage and regulate the country’s coconut industry.
Notes
The Malaysian Government plans to set up a special body to manage and regulate the country’s coconut industry and, in this context, sought advice from other coconut producing countries in Asia. While the industry is believed to have good growth potential thanks to increased demand for coconut-based products globally, producers face challenges in production caused by low productivity and competition for land with other crops.