Malaysia

M’sia can meet global palm oil demand following Indonesia’s export ban: Zuraida

Industry can increase production, productivity, says minister

Updated 4 years ago · Published on 28 Apr 2022 10:40PM

M’sia can meet global palm oil demand following Indonesia’s export ban: Zuraida
According to reports, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto, yesterday, announced a ban on exports of all palm oil products beginning April 28, this year. – File pic, April 28, 2022

KUALA LUMPUR – The Plantation Industries and Commodities Ministry remains confident that Malaysia will be still able to supply to the global demand for palm oil following Indonesia’s ban on the export of the commodity beginning today.

Its minister Datuk Zuraida Kamaruddin said the local industry can increase the production and productivity of palm oil as the borders have reopened and foreign labour have started to come in gradually.

“The ministry has also been proceeding with B20 palm oil biodiesel, but concentration is not so much there... now we are going on circulating that (biodiesel adoption),” she said at the presentation of the post-pandemic education seminar contribution from Yayasan Margma in collaboration with MPIC here, today.

Yesterday, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto announced a ban on exports of all palm oil products beginning April 28, this year.

The products are crude palm oil; red palm oil; refined, bleached, deodorised palm olein; palm oil mill effluent, and used cooking oil to ensure the fulfilment of domestic needs amid price rises.

On another development, Zuraida said the ministry will meet the European Union on May 8, to discuss on the forced labour and palm oil issues, but it has yet to get a date to meet the United States Customs and Border Protection.

Meanwhile, commenting on the rubber market, she said she is confident that the demand for rubber gloves will remain high as the society now places priority on cleanliness and are continuously using them.

At the same time, industry players must also ensure the rubber market maintains its top position worldwide and make sure production and quality remains intact and with effective management.

“We produce about 350 billion pieces of rubber gloves for the global market, we must protect this industry and ensure it carries on efficiently in terms of technology, and with a sophisticated automation system while having sufficient latex supply.

“This is because we see that China is able to build a huge glove production facility in only nine months after the Covid-19 pandemic outbreak and we must ensure Malaysia remains the top producer globally,” she said. – Bernama, April 28, 2022

Related News

Business / 2y

China committed to increasing palm oil imports next year, says Fadillah

Malaysia / 2y

Anwar, Dutch PM Rutte meet in Putrajaya for bilateral talks

Malaysia / 2y

M’sia to rope in foreign scientists, experts to mend palm oil image: Fadillah

Business / 2y

Boost for M'sian palm oil from African buyers with RM182 mil in potential sales

Malaysia / 2y

Zuraida slams Dewan speaker for banning use of ‘kafir’, ‘Yahudi’, ‘Zionists’

Malaysia / 2y

CoA to hear Zuraida’s appeal against order to pay PKR RM10 mil in July

Spotlight

Malaysia

Najib raises objections to 80% of ex-1MDB CEO’s witness statement over hearsay

Malaysia

Tun Dr Mahathir, Siti Hasmah create ASEAN record

By Alfian Z.M. Tahir

Malaysia

Nanta Linggi to leave Parliament after five terms, may contest new Sarawak state seat

World

Typhoon Dolphin’s remnants swamp Beijing as China braces for more extreme rainfall

Malaysia

Anwar expected to leave hospital today after successful treatment

Malaysia

Husband and wife face death penalty for drug trafficking

Malaysia

Former Subang MP, Wong Chen joins Bersama

Malaysia

Malaysian dies while transiting in Bangkok to Japan (video)

You may be interested

Malaysia

Najib raises objections to 80% of ex-1MDB CEO’s witness statement over hearsay

Malaysia

Two suspects try to escape after proceedings at Kulim Court (video)

Malaysia

Crypto investor weighs Forest City tech campus revival after Network School shutdown

Malaysia

Step-grandmother to be charged with murder of 16-month-old baby in Kota Tinggi

Malaysia

Grandmother charged with murdering step-granddaughter

Malaysia

Former Subang MP, Wong Chen joins Bersama

Malaysia

Malaysian held in Chennai after 4kg of high-grade hydroponic cannabis seized

Malaysia

RoS probes Bersatu complaint over position in Perikatan Nasional