Credit: Workers sort bunches of harvested oil palm fruit at the Felda Global Ventures Holdings Bhd. palm oil plant in Besout, Perak.
Photographer: Goh Seng Chong/Bloomberg
KUALA LUMPUR: The local palm oil sector is poised to begin its recovery in the second half (2H) of 2020 following the easing of Covid-19 lockdowns globally.
This would, in turn, improve global demand from major consumers particularly China and India, said Boustead Plantations Bhd chief executive officer Ibrahim Abdul Majid.
The upstream oil palm plantation company predicted that stockpiles will dwindle in anticipation of better demand for edible oil in the global food supply chain.
“For the short-term, the sector is expected to remain impacted, we continue to adopt a longer-term view given the nature of our industry,” Ibrahim told the New Straits Times.
He is also optimistic for the year ahead given the crude palm oil (CPO) export tax exemption aimed at managing Malaysia’s stock level, which has to a certain extent lifted prices.
Ibrahim said Indian buyers had resumed purchasing Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices.
“Even though the short-term prospects for the plantation sector are weak given the current environment, we are optimistic that prospects will improve as the world sees a gradual recovery,” he added.
Ibrahim said Malaysia Palm Oil Council’s (MPOC) had forecast CPO prices to hit a peak of RM2,594 per tonne in 2H, and this would improve Boustead Plantations’ bottom line.
“We expect to see enhanced fresh fruit bunches (FFB) production in 2020, due to the full-year consolidation of production from Tawai estates.
“At the same time, harvesters’ productivity which is addressed via our Transformation Programme is also expected to have a positive impact on FFB production,” he said.
Ibrahim said the company expected its average CPO price for 2020 to be in the range of RM2,400 to RM2,500, benefitting from the palm oil export tax exemption from July until December this year under the National Economic Recovery Plan and significant recovery in global palm oil demand from May.
“Demand is expected to be a key factor in determining prospects for CPO in 2020 and 2021.”
He added that the lingering effects of the Covid-19 crisis were likely to curtail disposable income particularly in relation to food in developing countries.
This, in turn, may curb the prospective uptrend in world consumption of oils and fats.
“We expect the large demand losses stemming from the lockdowns in the first-half of 2020 to be recouped by next year.
“Overall, this forecast is based on the assumption that the Covid-19 pandemic comes under reasonable control soon.”
Ibrahim, however, said if the pandemic did not come under control, this would put another round of downward pressure on all major commodities
Credit: NST By Ayisy Yusof – July 27, 2020 @ 8:22am
Granule Borax is one of the products that we carry under the Evermax brand.
In order to form the powdery borax into granular form, we need to add some binders and some fertilizer and nutrients into it.
Once that is done, a compaction machine will mix it and turn it into granular form.
The powdery borax was from abroad and the process turning it into granular form is done in Malaysia.
We are pleased to inform that we restock our Fused Magnesium Phosphate Fertilizer (FMP). We are sharing the look of the new packaging of the FMP.
Front Look of the Bag
Back look of the bag
Feel free to be in touch with us on the FMP at
Everchem Corporation (M) Sdn Bhd
25-1, 1 Mont Kiara, No 1 Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur
Or call us at P: +603 6201 7435 or email us at email@example.com
Below are the activity by Everchem Corporation on the unloading of Ulexite and being inspected and composite sample collection exercise by SGS Malaysia.
ARRIVAL OF THE CONTAINER
UNLOADING OF ULEXITE BAGS FROM THE CONTAINER
SAMPLE GATHERING EXERCISE
The manual sampling method was agreed with the SGS Principal, as sampling by more reliable methods that provide probability samples was not possible.
The collected MANUAL samples of this type do not satisfy the minimum requirements for probability sampling, and as such cannot be used to draw statistical inferences such as precision, standard error, or bias.
Granular Ulexite Sample
Composite Sample SGS Certified
Ammonia is a form of a renewable fuel that if made of sun, air and water. Unlike most fertilizers, fuel and sources of energy, ammonia is able to power the globe without the use of carbon.A vast usage of ammonia is as fertilizer. Ammonia is able to fulfill the need of plants, providing the plants with nitrogen which is then used as a building block for plant protein and DNA. Ammonia is manufactured via a chemical process known as the Haber-Bosch process. This process enables reactors to produce ammonia at a higher rate than natural processes. Since the development of the process in the past few decades, the technology has enabled farmers to feed the ever-growing population of the world.
Although the Haber-Bosch process has led to the Green Revolution, the process itself is not green. In the process, hydrogen gas is first stripped off from natural resources such as coal or natural gas in a highly pressurized, super-heated steam reactor. This process leaves behind carbon dioxide. Then nitrogen is obtained from the air, which consists of 78% nitrogen. Next, to combine the nitrogen and hydrogen together to form ammonia, a very high pressure is needed in the reactor. This process leaves behind a big negative impact on the environment as a lot of fossil fuel is consumed in order to generate the needed pressure for the process.In order to avoid the damage done to the resources and the environment, a greener way of ammonia production is researched by researchers. Instead of using the Haber-Bosch process, reverse fuel cells are used to produce ammonia. This process utilizes air and water and a far more environmentally friendly technique to produce ammonia. This renewable ammonia produced could be used globally as fertilizer or as an energy-dense fuel.
This is the exercise of us loading 40 metric tonnes of Borate Fertilizer in our Port Klang’s warehouse to be delivered to our buyer in Pasir Gudang, Johor.
Our Borate Fertilizer is a slow-boron. It ensures prolonged availability of its nutrients in the soil, our Borate Fertilizer is the best solution to ensure healthy growth and good yield of your crops.
Loading of Borate Fertilizer in Port Klang
Our Daebak Borate Fertilizer
To reduce nutrient losses, crops are advised to use slow-release, fertilizer. It is to overcome the low use efficiency mostly caused by high rainfall environment (Abat, 2014)
Reference of citation: Abat, M. (2015). The development of new slow-release boron fertilizers.
We are pleased to present our new Fused Magnesium Phosphate (FMP) bag marking. Listed is the process of receiving our cargo from Vietnam to be placed in our warehouse before transferring them to our buyers in Bintulu, Tawau, and Sandakan.
Empty bag of the new front look of FMP
Empty bag of the new back view of FMP
Our new FMP front look packaging with contents
Our new FMP back view packaging with contents
The cargo had just arrived from Vietnam
The process of emptying the container to be shipped to our warehouse begins here
Cargos are being emptied bit by bit
Until it is all transferred
We then transferred them to our warehouse
We then stacked the FMP neatly on the pallets before selling them to our buyers
KOTA KINABALU: Palm oil groups today urged the Sabah government to consider allowing firms to resume operations for essential procedures such as harvesting, crop evacuation, and milling despite the nationwide movement control order (MCO) which has mostly shut down activity in the country.
In a joint statement, the Malaysian Palm Oil Association and Malaysian Estate Owners Association said there would be social impacts from the closure of operations in the state.
“The industry strongly feels that we can better contain the spread by continuing operations rather than curbing them,” they said.
hey said closing operations only highlights “the operational nightmare” in addition to the potential revenue loss of about RM860 million for a month’s closure in Sabah.
“The loss in 7.5% sales tax revenue to the government amounting to about RM57 million could actually be used to support the fight to contain COVID-19,” they added.
Sabah Chief Minister Shafie Apdal recently announced the closure in phases of palm oil operations in the districts of Tawau, Lahad Datu, and Kinabatangan.
He said this would begin with oil palm plantations before being extended to mills as well.
The three districts account for 65% of the total planted area of 1.2 million hectares and 75% of production in Sabah involving some 100,000 workers.
The groups said these workers would be left idle and confined to their quarters for long hours due to social distancing.
They said the workers might also leave to look for jobs elsewhere or attempt to return to their home countries, which would pose a threat to the MCO objective of containing the spread of COVID-19.
They also said the industry had committed to supporting the government in its battle against the virus by introducing and adhering to guidelines and SOPs at all estates and mills, including a so-called voluntary lockdown.
**Credit: FMT News
**Credit to featured image: freemalaysiatoday.com
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This is the process of mining our Limestone in Surabaya ready to be supplied to our potential buyers.
Limestone being mined in Surabaya
Mining conveyor belt to transport the limestone
Our Limestone mining process video in Surabaya