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Malaysia marks 100 years of commercial oil palm cultivation in 2017. The plantation minister outlined plans to address stagnating palm fruit yields, mechanise plantations, and fund replanting of older trees.
The sector had 2015 export earnings of RM60.16 billion.
Longer-term yield stagnation and labour constraints in Malaysia limit supply growth, which is a background support for palm oil prices, but this article contains no immediate price catalyst.
soppoa.org.myJan 18, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
