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.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!