However, total exports in 2021 is expected to decline by 6.3% to 16.3m tonnes due to tight supply availability
CRUDE palm oil (CPO) prices are likely to remain high for the remainder of the year on stronger demand, but exports could contract as production decline looms. Malaysian Palm Oil Board DG Dr Ahmad Parveez Ghulam Kadir told The Malaysian Reserve that palm oil prices in 2021 is expected to average at RM4,100 per tonne, increase by 52.7% compared to RM2,685 in 2020 due to expected lower CPO production.
Willie said it was unfair to give subsidies and agricultural inputs to those who do not plant pepper as it is like denying the rights of people who are really active in this industry. — Bernama photo KUCHING (Oct 13): Some 3,000 individuals under the Malaysia Pepper Board’s (MPB) e-Pekebun database received subsidies and agricultural inputs despite not planting pepper or actively maintaining a pepper farm. In revealing this, Deputy Plantation Industries and Commodities Minister II Datuk Willie Mongin said their names have since been scrubbed from e-Pekebun for not being genuine pepper farmers.