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Photo Credit: theedgemarkets.com
KUALA LUMPUR (Jan 5): Total Malaysian palm oil production is expected to increase slightly by 200,000 tonnes to 19.6 million tonnes in 2021, versus 19.4 million tonnes a year ago, according to the Malaysian Palm Oil Council (MPOC).
However, this also means that the projected Malaysian palm oil production still fell short of 19.8 million tonnes in 2019.
Going into 2021, MPOC chief executive officer Datuk Dr. Kalyana Sundram, in a virtual conference at the Palm Oil Trade Fair and Seminar 2021 today, said the palm oil global supply is expected to be affected by the La Nina weather pattern.
Meanwhile, Malaysia’s crude palm oil (CPO) export is estimated to be at 4.5 million tonnes, of which India, the Netherlands, Kenya, Italy, and Spain are among the major markets.
“Malaysian CPO export to India in 2021 is likely to stay strong as the current levy on Indonesian CPO export will give a price advantage to Malaysia,” said Kalyana, noting that this is despite the re-imposition of Malaysian CPO export duty from January 2021.
Note that imports to India rose significantly from June onward after the zero CPO export tax from Malaysia, which in turn helped support CPO prices in the second half of last year.
However, palm oil export from China — which also saw strong demand last year — will be challenged due to lower and prices of other oils versus palm oil, said Kalyana.
Credit: theedgemarkets.com | Wong Ee Lin; Surin Murugiah
KUALA LUMPUR (Nov 26): Malaysia’s palm oil export value to the global market would be affected if Malaysia no longer exports the commodity and other palm-based products to the European Union (EU) as the region is the country’s second-largest palm oil market after China, said the Ministry of Plantation Industries and Commodities (KPPK).
Minister Datuk Dr. Mohd Khairuddin Aman Razali said the country’s export of palm oil to the EU amounted to 2.8 million tonnes.
“Out of this total, the export value of palm oil and palm-based products to the EU in the first nine months of this year amounted to RM8.5 billion compared with RM8 billion in the same period in 2019,” he said during his winding up debate on the Supply Bill 2021 in the Dewan Rakyat today.
However, Mohd Khairuddin said the government was always striving to increase the export value of palm oil and palm-based products by exploring new markets which are net importers of oils and fats.
“The market demand for palm oil was encouraging over the past few years.
“The new markets are Central Asia — Uzbekistan, Kazakhstan, Turkmenistan, and Kyrgystan; Europe — Bosnia and Herzegovina, Croatia, Romania, and Montenegro; Africa — Mauritania, Congo, Madagascar, and Kenya; the Middle East and West Asia — Algeria, Morocco, Yemen, and Libya; and America — Haiti, Jamaica, and the Caribbean,” he said.
In a related development, Mohd Khairuddin said the Ministry of Finance (MoF) through Budget 2021 had announced an allocation of RM20 million to address the anti-palm oil campaign.
“KPPK believes the lower allocation is in line with cost savings from the overseas mission and physical engagement sessions which could not be undertaken due to the Covid-19 global pandemic.
“Towards that end, the ministry will continue to carry out promotional efforts to increase the marketability of palm products virtually and through government-to-government cooperation.
“I am confident that with the allocation, we will be able to implement an advocacy strategy that is capable of addressing the concerns expressed,” he said.
Article credit: https://www.theedgemarkets.com/author/Bernama
Phosphorus is a chemical element with the symbol P and atomic number 15. Phosphorus is a vital component in reviving the energy of a plant, especially during the photosynthesis process. Phosphorus brings vigor to all plants. Generally, it helps convert other nutrients within the plant and helps in the growth of the plant.
If the plants are not growing, or the flowers are little are non at all with weak root systems, it shows that the plant lacks phosphorus.
Phosphorus in minerals is called phosphates from the earth. Phosphorus can also be found, in the human body.
The main function of phosphorus in a human body is in the formation of bones and teeth, as the body needs phosphorus to make protein for the development and growth of the body, for maintenance and in repairing cells and tissues in a human body.
Some of the food that is rich with phosphorus includes eggs, cottage cheese, milk, hard cheese, sunflower seeds, chicken, pumpkin seeds, and canned sardines in oil.
White phosphorus is used in some explosives, including rockets and poison for rats. The red phosphorus is used in safety matches, tracer bullets, incendiary devices, pesticides, pyrotechnic devices, and fireworks
She said the industry needs to tackle the interlinked sustainability challenges, particularly relating to environmental, climate change and social issues.
“In order to do that, it will require leadership and I urge the Malaysian government, which has enormous muscle power, to get into this in a big way as it did when it chose palm oil (to be one of the income generators to the economy),” she said during the International Palm Oil Sustainability Conference 2020 (IPOSC 2020) virtual question and answer (Q&A) session today.
Among the challenges she highlighted is the European Union’s (EU) decision to phase out palm oil in transport fuels from 2030, the reduction in biodiversity and the threat of extinction of rare species.
Tsakok, who was one of the panellists during the two-hour Q&A session, noted that the industry should find solutions to increase fresh fruit bunches (FFB) production, despite the climate change that lowers the FFB and other agricultural yields, and address the alleged labour rights violation and land grabs from indigenous communities.
The crop, she noted, has been driving agricultural transformation, inclusive growth and poverty reduction in the country, and it is the most efficient way of satisfying the growing global demand for vegetable oil as it uses one-tenth of the land of its rival crops.
However, its very success makes it controversial, she said.
“Palm oil is new to me as I am from Mauritius and we grow coconut there… so it is fascinating to me to see how powerful palm oil is to Malaysia and how it has helped to eradicate poverty.
“However, as someone who is observing the industry from the outside, I also see that palm oil has ‘two faces’. On one hand, there are many wonderful things that you are doing, and you have, but on the other hand, there are a lot of ugly things too,” she said.
She noted that notable issues include the empowerment of the B40 group in the industry — namely the smallholders, issues of indigenous land, labour rights and deforestation.
Tsakok, who holds a PhD in Economics from Harvard University and a World Bank retiree, noted that despite the challenges, the industry can do better as palm oil is a versatile oil which has a lot to offer to the world.
Meanwhile, another panellist, IOI Corporation Bhd’s Head of Sustainability Dr Surina Ismail said that working with the Government is one of the best ways to manage the challenges faced by the industry.
“All along the supply chain, everybody must play their part in the upstream or the downstream sector.
“We must help and encourage the growers, especially the smallholders, to produce sustainably and get the recognition from big companies locally and abroad,” she said.
Meanwhile, commenting on the Certified Sustainable Palm Oil (CSPO), Roundtable Sustainable Palm Oil strategic stakeholder relations director Salahudin Yaacob said the certification is necessary for big and small players, allowing them to enter more markets.
“Currently, CSPO’s production is low. The Government, consumers and industry stakeholders need to work together to increase awareness on the CSPO.
“We need to enforce the requirement to make sustainable palm oil renowned and this can be achieved by producing only CSPO,” he said.
Two EU representatives, Frans Claassen and Paivi Makkonen said there should be more constructive dialogues between palm oil-producing countries and the EU Government.
They also stressed that having good governance to promote a healthy supply chain in the industry is crucial, as well as ensuring that no human rights are violated.
Closing the discussion, Sime Darby Plantation sustainability head Rashyid Redza Anwarudin said there are still a lot of work that needs to be done to improve the industry.
“We need to ensure the work we do is as inclusive. We have to remember that it’s an important industry in this part of the world. It has contributed in a major way to the social economy and development of the region.
“It has, more importantly, touched the everyday lives of the people,” he said.
The IPOSC 2020 is the Malaysian Palm Oil Council’s biannual conference that highlights the sustainability challenges and opportunities in the Malaysian palm oil industry.
This year’s conference is being hosted on a virtual platform, comprising two modules, in response to the global COVID-19 pandemic.
Module 1 today featured presentations from sustainability experts from the agriculture, research and palm oil sectors who shared their views on the efforts by global agricultural commodities towards achieving sustainability and carbon neutrality.
Module 2, on renewable energy, climate change and food security will take place from Oct 12-20, 2020.
Source : The Edge Markets
Nitrogen is a significant component of chlorophyll. Chlorophyll is the compound where plants use sunlight energy to produce sugar out of water and carbon dioxide. The process is called photosynthesis. A good source of nitrogen for plants can be from fertilizer, planting green manure crops such as peas or beans around your plant, or adding coffee grounds to the soil.Plants do not get nitrogen from the air but the soil. Various microorganisms convert ammonia to other types of nitrogen compounds that are simple for plants to use. In other words, plants can get their nitrogen indirectly from the air but via microorganisms in the soil and via the plants’ roots.
Typically the earth atmosphere has 78% nitrogen gas or N2. Though there is nitrogen in the air, not much can be found in the earth’s crust. Some of the rare minerals that have nitrogen are the saltpeter, small living organisms on earth, plants, and animals.
Some of the found use of nitrogen other than agro is in the chemical industry such as nylon, nitric acid, dyes, medicines, and explosives.
- The leaf producer
- Construction of new cells & enzymes.
- Construction of green pigments.
- Accountable for leaf & stem growth.
- Assists plants with rapid growth.
- The root maker/flower inducer
- Supports root growth and blooming
- A vital part of the development of photosynthesis.
- Involved in the creation of all oils, sugars, and starches.
- Helps with the conversion of solar energy into chemical energy.
- The flower inducer/fruit maker
- Encourages uptake of water
- Critical in the growth of flowers and fruits.
- Adds plants to fight diseases.
- Support plants make better use of light and air.
Understanding the different benefits each of the NPK nutrients is important to your plants. Basically, all plants need nitrogen, phosphorus, and potassium to grow. The growth and production of plant crops, fruits, flowers, or leaves will be affected if any of these nutrients are absent from its elements.
In a nutshell:
- Nitrogen (N) – is responsible for the growth of leaves.
- Phosphorus (P) – is responsible for the growth of root, flower, and fruit.
- Potassium (K) – is responsible for the overall functions of the plant perform correctly.
By understanding the NPK values in fertilizer, it can assist you to appropriately select the right values for the right type of plant that you are growing. For example, if you are concentrating on leafy vegetables, you might want to go for a higher N number to promote the leaf and its growth. You apply the same understanding to P and K.
We hope this article helps you to better understand the significant effect of nutrients such as Nitrogen, Phosphorus, and Potassium. Good Luck and Happy Planting!!!
Fertilizers are chemical elements supplied to crops to increase their productivity. Typically fertilizers contain nitrogen, potassium, and phosphorus. Fertilizers enhance the retention capacity of the soil and increase its fertility.
The general definition of NPK are as listed:
- Nitrogen – The leaf maker. Symbol as N
- Phosphorus – The root maker/flower inducer. Symbol as P
- Potassium – The flower inducer/fruit maker. Symbol as K
The fertilizer bag is labeled to represent the NPK rate it carries.