Strong palm oil prices a blessing to replanters


A general view of the FGV headquarters in Kuala Lumpur, Malaysia September 5, 2019. Picture taken September 5, 2019. REUTERS/Lim Huey Teng

OVER the past two years, there has been a drastic slowdown in the oil palm replanting activities in the country, no thanks to the weak crude palm oil (CPO) prices.

The slow replanting across the board among plantation companies and smallholders, has also led to a lower take-up rate in the planting materials and usage of fertiliser, says FGV Holdings Bhd group chief executive officer Datuk Haris Fadzilah Hasan.

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