EghtesadOnline: Over 170,000 tons of palm oil worth $135 million were imported during the five months to August 22, registering a 26% and 46% growth in weight and value respectively compared with the similar period of last year.

EghtesadOnline: Malaysian Minister of Plantation Industries and Commodities named Iran as one of the potential markets for its new palm oil products.

EghtesadOnline: Malaysia exported RM748.1 million ($174.1 million) worth of palm oil to Iran during the five months of 2017, up 141.5% compared with last year’s corresponding period, Malaysian English-language newspaper The New Straits Times quoted Malaysian Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong as saying.

EghtesadOnline: Around 284,450 tons of palm oil worth over 730.15 billion rials ($223 million) were imported into Iran from seven countries during the seven months to Oct. 22, registering close to a 50% increase compared with the corresponding period of last year, figures released by the Islamic Republic of Iran Customs Administration show.

EghtesadOnline: Iran’s palm oil market is expected to reach $648.4 million by 2025, according to a new report by US-based market research and consulting company Grand View Research, Inc.