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Indonesia will kill off palm oil plantation in Malaysia

Oil_Palm_Plantation

With cheaper labor cost and no export duty in Indonesia definitely make its palm oil cheaper than Malaysia.

What Malaysia can do is to diverse its agriculture base than relying on palm oil and rubber to find another blue ocean.

Malaysians have to upgrade know-how and techniques in agriculture sector in order to compete with other countries. The old method used by my late father is too obsolete and ineffective to achieve high yield and quality at par with other international competitors.

The chili powder is ten times more value added than dry raw chili as sold by farmers. The manufacturers reap more profits than farmers.

Indonesia monthly palm oil exports climb 39% m/m in Nov

JAKARTA: Palm oil exports from Indonesia, the world’s top producer, rose 39 percent to 1.978 million tonnes in November compared to the previous month, industry data showed on Monday.

This year, palm oil output is expected to be about 28 million tonnes, with around 18 million tonnes exported.

Indonesia’s top customers for the edible oil include India, China and Europe.

In January-November, exports to India totalled 5.180 million tonnes, China 2.749 million tonnes and the European Union 3.806 million tonnes.

Below is a table on Indonesia’s palm exports for 2012:

————————————————————

Month Palm oil Palm kernel oil Total

(mln t) (1000s t) (mln t)

————————————————————

November 1.826 151,810 1.978

October 1.331 93,260 1.424

September 1.286 95,370 1.381

August 1.259 151,190 1.411

July 1.375 131,490 1.507

June 1.142 111,640 1.254

May 1.369 74,790 1.444

April 1.388 116,360 1.504

March 1.238 150,300 1.389

February 1.300 89,270 1.389

January 1.474 167,450 1.642

————————————————————

TOTAL 14.993,72 1.332,90 16.326,63

————————————————————

The nkkhoo.com comment board with Facebook account.
Frida says:

You got no faith in FGV Holdings?

nkkhoo says:

I have no faith in BN government for everything.

Fhineas says:

Then you should not vote for BN in PRU13, right?