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  • iconPALM OIL
  • icon2RUBBER
  • icon3TIMBER
  • icon4cocoa
  • icon5pepper
  • icon6Kenaf
  • icon7biofuel
COMMODITY

19/08/2016

22/08/2016

Highest Price 2016 Lowest Price 2016
OIL PALM (RM/Tonnes)
Fresh Fruit Bunch %OER Price %OER Price Price Price
Peninsular 20 657.75 20 655.50 657.75 (19 Aug) 482.00 (06 Jan)
Sabah 22 636.00 22 634.00 636.00 (19 Aug) 463.00 (06 Jan)
Sarawak 22 646.00 22 644.00 646.00 (19 Aug) 470.00 (06 Jan)
Crude Palm Oil 2,833.00 2,786.00# 2,833.00 (19 Aug) 2,203.50 (04 Jan)
Source : MPOB Note: * Closed Price at 12.00 pm
# Opening Price (Malaysia) - OER = Oil Extraction Rate
YEAR HISTORY
1870  Palm Oil was introduced to Malaysia, then Malaya by the British
1917  First commercial planting
1960  The cultivation of oil palm increased under the government agricultural diversification programme
1975   Malaysia began exporting processed palm oil
2006  Launcing of the National Biofuel Policy
2010  Palm Oil as one of NKEAs
2014  Malaysia exported 39.7% of total world export of Palm Oil

 

THRUST 1 
To ensure sustainability
and improve the productivity
of the upstream sector
   
THRUST 2
To develop the downstream
sector of the Palm Oil Industry
   

Source : Performance Management Delivery Unit (PEMANDU)

COMMODITY

19/08/2016

22/08/2016

Harga Tertinggi 2016 Harga Terendah 2016
Rubber (Cent/Kg)
Cuplumps %DRC Price %DRC Price Price Price
Peninsular 50 194.11 50 198.91 244.62 (27 Apr) 162.93 (15 Feb)
Sabah 50 159.00 50 159.00 205.50 (25 Apr) 116.00 (12 Feb)
Sarawak 50 180.98 50 180.08 211.71 (09 May) 151.60 (15 Feb)
SMR 20* 517.00 515.50 612.00 (26 Apr) 426.50 (11 Feb)
Source : MRB Note: * Closing price at 12.00 pm | # Opening price (Malaysia) | DRC = Dry Rubber Content |

4 Major Sectors of Rubber Industries in Malaysia

 LATEX INDUSTRY  Gloves, Catheters, Condoms, Balloons, Soothers, Dental, Pre-vulcanization latex manufacturing
 FOAM INDUSTRY  Mattresses, Cushions, Domestics rubber manufacturing
 RUBBER THREAD INDUSTRY  Personal clothing, Consumer rubber products, Sports equipment manufacturing
 DRY RUBBER INDUSTRY  Tyres, Shoes industrial rubber products, General moulded products

      

 

Malaysia produces timber mainly in the form of saw logs, sawn timber, fibreboard, plywood, mouldings and veneer sheets. For 2014, the timber industry contributed RM20.52 billion to the country's export earnings. This value is higher than the RM19.53 billion in 2013

 
COMMODITY

19/08/2016

22/08/2016

Highest Price 2016 Lowest Price 2016
COCOA (RM/Tonnes)
Price Price Price Price
Tawau 9,375.00 9,125.00 9,375.00 (19 Aug) 7,600.00 (05 Apr)
Raub 9,400.00 9,300.00 9,400.00 (16 Aug) 7,967.00 (05 Apr)
Kuching 8,875.00 8,625.00 8,875.00 (19 Aug) 7,400.00 (19 May)
Source : MCB Note: * Closed Price at 12.00 pm | # Opening Price (Malaysia) |
Malaysia is the 27th largest producer and the 6th largest grinder of cocoa beans in the world. Cocoa beans are the second most expensive commodity exported by Malaysia after pepper, valued at RM 7,364 per tonne in the first quarter of 2015. 
COMMODITY

19/08/2016

22/08/2016

Highest Price 2016 Lowest Price 2016
PEPPER (RM/Tonnes)
Price Price Price Price
Black Pepper 25,500.00 25,500.00 30,000.00 (01 Jan) 25,500.00 (17 Aug)
White Pepper 41,000.00 41,000.00 50,000.00 (01 Jan) 41,000.00 (19 Aug)
Source : MPB Note: * Closed Price at 12.00 pm # Opening Price (Malaysia)
Malaysia is one of the world's major producers of pepper. Product quality of Malaysian pepper is better known in the world market since Sarawak Pepper has obtained recognition of Geographical Indication (GI) of the Intellectual Property Corporation of Malaysia (MyIPO).

The GI recognition makes the country's pepper is believed to be products, quality and high visibility on the world market. Pepper countries now have markets in over 50 countries including Japan, China, Taiwan, South Korea, the United States and the European Union.

Kenaf is a plant that has been identified as short-term crops with commercial potential and become 'New Sources of Growth'. Through the enforcement of the National Kenaf and Tobacco Board (LKTN) 2009 [Act 692]. LKTN responsible for ensuring viable kenaf plants grown as cash crops and new crop alternatives to tobacco. Government through LKTN give special encouragement and assistance to former tobacco farming and small farmers, especially in Terengganu, Pahang and Kelantan.

Due to the energy crisis in 1973-1974, the Government has introduced a range of policies to improve the energy security. Previously, the Malaysian energy policy was focused on the use of oil and gas. However, a policy on Renewable Energy was introduced in year 2001 to find alternatives to existing energy sources.

As a measure to enhance energy security, the government has encouraged the palm oil industry to conduct research on biofuels potential while providing assistance to the same. As a result, in 2006, the National Biofuels Policy has been launched to provide a framework and road map towards facilitating the development of biofuels sector.

Meanwhile, in 2007 the Malaysian Biofuels Industry Act 666 was enacted to streamline the licensing and regulate the country's biofuels industry. This Act came into effect on August 1, 2008.

 

  • SERVICES
    • Guidelines for Biofuel Licensing Application

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