Berita Arkib

TEMPO.CO, Jakarta - Plantation DG at the Ministry of Agriculture Andi Nur Alamsyah stated that the national palm oil productivity only reached 3 to 4 million tonnes per hectare. Thus, the government intends to push for the smallholders' palm oil replanting program (PSR).

China will increase its imports of Malaysian palm oil by 250,000 metric tons a year, state news agency Bernama reported on Sunday, citing Malaysian Prime Minister Anwar Ibrahim.

JAKARTA: Malaysian palm oil futures closed lower on Tuesday, extending losses for a second session, weighed down by a selloff in rival vegetable oils.

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) is expected to achieve lower crude palm oil (CPO) production costs beginning in the fourth quarter (Q4) of the fiscal year 2023 (FY23) due to increased fresh fruit bunch (FFB) production.

18/09/2023 (The Star Online), Kota Kinabalu - The Sabah government must take immediate and comprehensive measures to resolve labour shortages faced by the palm oil industry, says Parti Warisan deputy president Datuk Darell Leiking.

18/09/2023 (Benar News) - Malaysia’s deal to double palm oil exports to China annually is a move to offset potential revenue losses from the European Union’s ban on commodities that are linked to deforestation, analysts said on Monday.

18/09/2023 (The Malaysian Reserve) - The Malaysia Palm Oil Berhad’s (MPOB) Mechanisation and Automation Research Consortium of Oil Palm (MARCOP) aims to raise the labour-to-land ratio to 1:25 (one person to cover 25 hectares) from 1:9 currently to sort the labour shortage in the industry.

18/09/2023 (The Business Times) - MALAYSIA is reviewing an existing windfall tax on the palm industry and hopes to complete it next year, Minister of Plantation and Commodities Fadillah Yusof said on Monday (Sep 18).

18/09/2023 (Antara News), Pekan Baru - The Agriculture Ministry has launched a program to replant oil palms on 10 thousand hectares (ha) of smallholder farmland in Riau Province.

18/09/2023 (The Edge Malaysia) - From 2019 to 2022, the price of the world’s most consumed edible oil — crude palm oil (CPO) — rose from a low of RM1,831 per tonne (Malaysian Palm Oil Board spot) in March 2019 to a historical high of RM8,076 per tonne in March 2022, owing to weather factors, pandemic-induced labour shortages, the Ukraine-Russia conflict and regulatory changes. Prices eased towards end-2022, ending the year at RM4,048 — still higher than 2019’s average of RM2,128.

18/09/2023 (The Edge Malaysia), Nanning - China’s imports of Malaysian palm oil will double to 500,000 tonnes a year, from the current 250,000 tonnes, following the exchange of a memorandum of understanding (MOU) between Sime Darby Oils International Ltd (Sime Darby Oils) and GuangXi Beibu Gulf International Port Group (GuangXi Beibu Gulf).

17/09/2023 (The Standard Media) - The government has through the ministries of Agriculture and Trade targeted specific value chains in a bid to stimulate production, value addition, and marketing of agricultural products so as to lower the cost of importation that stands at over Sh100 billion per year.