Palm Oil Industry Case Study

827 Words4 Pages

Malaysia contributing a second place in global for palm oil industry after Indonesia [1]. Palm oil is highest demanding seeds oil compare soybean, sunflower and rapeseeds [2]. There are SIME Darby has been main partnership in this industry. In Malaysia, Malaysian Palm Oil Board (MPOB) was responsible agency working with government to be promoted and developed palm oil industry. In 2005 Malaysia was first place in oil palm industry. Although Malaysia in top global palm oil list, we must look seriously to be sustain palm oil for next generation where global currently focusing on biodiesel.
Based on WETLAND ISLAND [3] article, in 2013 Malaysia has been produced 21.25 million tons of oil palm in 5.1 million of production area. Besides, Indonesia has been projected 33.5 million …show more content…

This area can be use for deforestation. MPOB must be get involved in the deforestation with a proper manner. By do deforestation in Malaysia palm oil plantation can be increased the volume of production. Besides, to increase the production volume the plantation must be care properly until the tree is mature to produce quality palm oil fruits. Increase the plantation will giving opportunities to jobless people. Meanwhile, to get good quality palm oil there need a well known person regarding on palm oil plantation.
Our palm oil pricing are really not in healthy trends. To overcome this, as second largest oil palm producer palm oil must be set to selling in EURO currency rather than US currency because the EURO currency higher than current US currency. MPOB need to come out with agreement and policy that mentioned the palm oil price currency changes due to unstable of US Dollar. Political economic involvement should be avoided to maintain our palm oil currency value. Profit selling of oil palm will increase time to time once the currency change. In contrast, the palm oil value will increase overall of

More about Palm Oil Industry Case Study

Open Document