Palm oil remains key export for Malaysia

loading Ben Wisemen

Malaysia has substantial agricultural exports, the chief among which is palm oil. This product brings greater economic benefits to the country than either rubber or timber, and will do so for some time to come.

PALM OIL is widely used in the food and cosmetics markets and has more recently been in great demand in the making of bio-fuel. There are many advantages associated with the oil. Cost-wise, of all the edible oils and fats available worldwide, palm oil is said to be the most cost-effective one, producing more oil per hectare planted than other crops. Its cultivation also requires less input of pesticides, fertilisers and fuel per unit of oil produced.

The food industry is amongst palm oil’s largest market while China and India constitute the largest palm oil export market.


To read the rest of the article and to access our e-Archive, subscribe to us for RM150 a year.



Related Articles

FEATURE
Feb 2011

Before palm oil, there was coconut oil...

In the past, Penang and Malaysia benefited from a booming coconut industry.

FEATURE
Jul 2010

Between faith and hope

The selfless volunteers at the House of Hope att empt to provide some much-needed relief to the residents of Rifl e Range.

FEATURE
Oct 2011

Develop by All Means, But Not by Any Means

With the rise in development projects, Penang's unique charm is at stake.