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THE Malaysian government is serious in resolving the issues surrounding the palm oil industry in the country, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

The issues, particularly environmental and social issues, could affect the RM102 billion export potential when the country produces between 18.5 tonnes and 18.6 tonnes of crude palm oil.

This would go back to both the federal and state governments which are benefitting from the industry in terms of tax collection, almost one million people who are employed by the industry and 450,000 smallholders throughout the country.

“You know we are facing a big issue now in the world. You never see it last time but in the past 15 years people are talking about environment everywhere you go.

“If we can’t address the issue of environment we will be affected. That is why the government is to audit (under the Malaysian Sustainable Palm Oil (MSPO) certification scheme),” he said when opening Sarawak Oil Palms’ (SOP) Refinery and Fractionation Plant 2 at the Kidurong Industrial Estate Area Phase 2 here today.

Johari said Malaysia should not be penalised if the country had been found to be not in compliance with the Roundtable on Sustainable Palm Oil’s (RSPO) principles and criteria.

“I have always stressed to the European Union’s representatives whenever I have the opportunity to talk to them that if they are upset with issues in Malaysia, they should work with us closely on how to make a country like us a benchmark to the world on edible oil.

“Because for every hectare of land that we use, we can produce 3.3 million tonnes of edible oil compared to soy oil, rapeseed oil or sunflower oil that can only produce less than one tonne per hectare of edible oil,” he said.

He added that Malaysia is willing to sit down with the representatives and discuss on how to improve and become an example for the world in edible oil production.

He said palm oil production is an important industry in Malaysia which could boost the country’s economy through its upstream and downstream activities. — BERNAMA / pic AFP

 

https://themalaysianreserve.com/2024/04/27/govt-is-serious-in-resolving-palm-oil-industry-issues-johari/

 

Sumber : The Malaysian Reserve

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KUALA LUMPUR (July 25): The Ministry of Plantation and Commodities will consider simplifying the loan process from banks to oil palm smallholders in the upcoming Budget 2025.

Minister Datuk Seri Johari Abdul Ghani said the government, via Budget 2024, had allocated RM100 million via a hybrid scheme in the form of a 50% grant and 50% loan to implement the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS 2.0).

He said his ministry recognises the difficulties oil palm smallholders face when applying for bank loans for replanting purposes, due to several conditions imposed by the banks.

“Although it is a 50% loan and 50% grant, we observed that it is quite difficult for some smallholders to secure financing, because they cannot meet many criteria.

“The ministry is looking into this, and will likely propose in the next budget how to simplify the 50% loan [portion] to facilitate smallholders with trees of over 25 years old,” he said during a question-and-answer session in the Senate on Thursday.

He was replying to a supplementary question from Senator Datuk Lim Pay Hen regarding incentives for oil palm replanting and responses to the TSPKS 2.0 initiative.

 

https://theedgemalaysia.com/node/720345

 

Sumber : The Edge Malaysia

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KUALA LUMPUR: Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives dijangka mengalami dagangan dengan kecenderungan meningkat minggu depan, didorong prospek eksport yang lebih kukuh, kata peniaga.

Pemilik dan Pengasas Bersama Palm Oil Analytics yang berpangkalan di Singapura, Sathia Varqa berkata laporan Lembaga Minyak Sawit Malaysia (MPOB) yang neutral juga dijangka menunjukkan pemulihan berterusan dalam niaga hadapan MSM.

"Laporan MPOB akan dikeluarkan pada 13 Disember. Sementara pelabur menunggu data industri, harapan permintaan lebih tinggi di Indonesia susulan kemungkinan wujudnya peraturan biodiesel baharu juga telah menaikkan harga MSM," katanya kepada Bernama.

Indonesia dilaporkan mungkin melaksanakan program untuk menggunakan B35 mulai Januari 2023 berikutan harga minyak mentah dijangkakan kekal tinggi tahun depan.

B35 ialah bahan api yang mengandungi 35 peratus campuran bahan api berasaskan minyak sawit.

Sementara itu, Peniaga Minyak Sawit, David Ng berkata MSM ditutup tinggi pada Jumaat berikutan kebimbangan mengenai pengeluaran yang lebih lemah selain stok dijangkakan lebih rendah menjelang laporan MPOB.

"Laporan itu meningkatkan sentimen lebih tinggi. Oleh itu, kami menjangkakan ia didagangkan pada kecenderungan meningkat di antara RM3,900 dengan RM4,300 satu tan minggu depan," katanya.

Bagi dagangan yang baru berakhir minggu ini, niaga hadapan MSM kebanyakannya lebih tinggi menjejaki kenaikan niaga hadapan minyak kacang soya di Lembaga Dagangan Chicago (CBOT) selain paras pengeluaran dan stok yang dijangkakan lebih rendah di negara ini.

Berasaskan mingguan, Disember 2022 susut RM76 kepada RM3,924 satu tan, Januari 2023 turun RM77 kepada 3,948 satu tan, Februari 2023 merosot RM90 kepada RM3,995 satu tan, Mac 2023 menguncup RM41 kepada RM4,032 satu tan dan April 2023 kurang RM17 kepada RM4,035 satu tan.

Jumlah dagangan mingguan meningkat kepada 352,786 lot daripada 308,528 lot minggu lepas manakala kepentingan terbuka berkurangan kepada 214,515 kontrak daripada 292,073 lot.

Harga MSM fizikal bagi November Selatan meningkat RM30 kepada RM4,030 satu tan.

– Bernama

https://www.bharian.com.my/bisnes/pasaran/2022/12/1037734/harga-minyak-sawit-dijangka-meningkat-minggu-hadapan
Sumber: Berita Harian

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Our palm oil is poised to remain a key contributor to the nation's economy this year.

We anticipate an increase in export revenue from palm oil and palm-based products.

The rise in revenue is expected due to higher demand from our primary importers, notably

China and India, as well as improved prices of crude palm oil (CPO).

India and China together made up 28.5 per cent of Malaysia's export of palm oil for 2023 and we anticipate this trend to continue this year.

India maintained its position as Malaysia's largest palm oil export market last year for the 10th consecutive year since 2014, with 2.84 million tonnes or 18.8 per cent of Malaysia's total palm oil exports followed by China at 1.47 million tonnes (9.7 per cent). 

Other significant importers were the European Union1.07 million tonnes (7.1 per cent), Kenya 0.92 million tonnes (6.1 per cent), Turkiye 0.88 million tonnes (5.8 per cent), Japan 0.55 million tonnes (3.6 per cent) and Pakistan 0.50 million tonnes (3.3 per cent).

These seven main markets contributed 8.23 million tonnes or 54.4 per cent of Malaysia's total palm oil exports in 2023.

Malaysia exported 24.49 million tonnes of palm oil and palm-based products and generated an income of RM94.95 billion for 2023. In 2024, export revenue of palm oil and palm-based products is expected at RM110 billion. 

Similarly, palm oil exports may increase by 3.3 per centto 15.6 million tonnes for 2024, as opposed to 15.1 million tonnes for 2023 attributed to expected higher export demand, especially from China.

Besides, the B35 implementation (35 per cent palm oil blend in biodiesel)in Indonesia and the high crude oil price are expected to increase export demand for Malaysian palm oil.

 On the other hand, we foresee the price of CPO to average higher at between RM3,900 per tonne and RM4,200 per tonne this year compared to the RM3,809.50 per tonne which will support our income from palm oil exports.

The expected higher average price of CPO may be mainly due to the tight palm oil supply as a result of unfavourable weather conditions which are expected to remain at least until April 2024. Malaysia's palm oil stocks, expected to be below two million tonnes this year will also support the price of CPO.

We foresee production of palm oil to be higher this year due to improving labour condition in the plantations which will be another contributor to the export income. We are now recording better production of CPO although the numbers are still below the actual production potential level.

In 2023, CPO production recorded an increase for the second year in a row to 18.55 million tonnes compared to 18.45 million tonnes in 2022 and 18.12 million tonnes in 2021.

The higher CPO production of 0.5 per cent in 2023 was partly contributed by the improved estate's yield performance of fresh fruit bunches (FFB) during the year, up by 1.9 per cent to 15.79 tonnes per hectare compared to 15.49 tonnes per hectare in the previous year. 

In 2024, CPO production is expected to increase marginally by 1.1 per cent to 18.75 million tonnes from 2023's production due to an improvement in the labour situation and increased fertiliser application.

However, CPO production is expected to remain below potential due to the El Nino event, which is expected to affect FFB production in the second half of this year.

To expand our export market, MPOB has successfullyproduced high value palm-based products in the market, especially red palm oil, which is rich in various natural health-promoting antioxidants including vitamin E, carotene, phytosterols, squalene and coenzyme Q10.MPOB has developed and introduced value-added products utilising red palm oil, including cookies, ice cream, and various other products. 

MPOB's research in the food and nutrition field has expanded the range of palm oil applications, leading to the development of new products that enhance export diversification. These include palm-based coconut milk and palm-based cheese. 

Our research efforts have resulted in the successful development of tocotrienol and nano-tocotrienol from palm oil, which are known for their health benefits. These products have garnered significant demand from our export markets, reflecting their positive reception among consumers. 

 

 

https://www.nst.com.my/business/insight/2024/03/1023959/higher-export-revenue-%C2%A0oil-palm-sector-year

 

Sumber : New Straits Times

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In a statement, Doppa president Napoleon R Ningkos said the association is willing to help enable the expeditious surveying of their NCR land. — Picture by Mukhriz Hazim

MIRI, Jan 16 — Sarawak Dayak Oil Palm Planters Association (Doppa) members say they are willing to pay for Native Customary Rights (NCR) land surveys to expedite the state government’s efforts and enable the early issuance of perpetuity land titles.

In a statement, Doppa president Napoleon R Ningkos said the association is willing to help enable the expeditious surveying of their NCR land.

He proposed the Land and Survey Department allow government-registered private land surveyors to survey verified NCR land planted with oil palm or other cash crops.

"The costs and expenses of engaging these private registered land surveyors will be borne by the Doppa members,” he said.

Napoleon suggested this effort would complement the state government’s new NCR initiative with the amendment of Section 6 of the Land Code, 1958, a move welcomed by the association.

Under this amendment, NCR lands are identified upon receiving the community’s application and surveyed for gazettement under Section 6A.

The claiming native community then jointly applies for the issuance of titles to the said lands under Section 18 for native titled lands in perpetuity.

According to Doppa, surveying of NCR land under this new initiative via the Land and Survey Department may take a long time, involving manpower and logistics.

"Many of the applying communities have not received any reply to their applications,” he said.

He pointed out having titles for Doppa land is crucial for areas planted with oil palm or other cash crops, and it is a criteria required for bank financing purposes, Malaysian Palm Oil Board licences, Malaysian Sustainable Palm Oil certification, and foreign worker approved in principle applications.

Doppa pointed out there is urgency for land titles due to the recent federal government announcement that oil palm replanting initiatives or grants may also require titles.

It added that several years ago, the Ministry of Food Industry, Commodity and Regional Development had through its One-Stop Centre initiated a programme whereby Doppa members could apply through the ministry for NCR status verification of their planted lands.

However, Doppa said less than 10 per cent of the applicants had their lands verified to reap the benefits. — Borneo Post

 

https://www.malaymail.com/amp/news/malaysia/2024/01/16/in-sarawak-dayak-oil-palm-planters-say-willing-to-pay-for-ncr-land-surveys-to-speed-up-process/112701

 

Sumber : Malay Mail