How much land is used by palm oil plantations in Malaysia?
As of 2016, palm oil plantation accounted for a total land use of 57,400 km 2 in Malaysia.
What is palm oil production in Malaysia?
Palm oil production in Malaysia. Palm oil production is vital for the economy of Malaysia, which is the world’s second- largest producer of the commodity after Indonesia. The Malaysian Palm Oil Board (MPOB) is a government agency responsible for the promotion and development of the palm oil sector in the country.
Is Malaysia optimistic about palm oil exports to India?
Get them on our Telegram channel Malaysia remains optimistic about palm oil exports to India despite recent import duty hike, with the Malaysian Palm Oil Council (MPOC) Chairman Dato Carl Bek Nielsen emphasizing the long-standing trade relationship between the two countries.
How much palm oil will Malaysia produce in 2024?
The MPOC chairman projected an optimistic outlook for palm oil production in Malaysia, forecasting output to reach at least 19-19.2 million tonnes in 2024, marking a substantial increase from the previous year’s figures.