RSPO should not become ‘elitist certification’


At the recently concluded International Palm Oil Congress & Exhibition (PIPOC 2017) hosted by the Malaysian Palm Oil Board (MPOB) here, LMC International chairman James Fry pegged crude palm oil (CPO) at RM2,700 to RM2,800 per tonne, while United Plantations Bhd deputy chairman Datuk Carl Bek-Nielsen(filepic) projected CPO at RM2,400 to RM2,800 per tonne in 2018.

 KOTA KINABALU: The Roundtable on Sustainable Palm Oil (RSPO) members have been urged against pursuing the strictest environmental and social standards on oil palm smallholders, or risk becoming an elitist certification.

RSPO co-chairman Datuk Carl Bek-Nielsen said that in pursuing high standards, there was a serious risk of eliminating 60% to 70% of the world’s palm oil producers, who will never be able to live up to the RSPO’s standards.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , RSPO , Carl Bek-Nielsen , RSPO , palm oil , smallholders ,

Next In Business News

Asia bond bonanza
A reality check for Salutica
Positioning for growth
The art of business
Rethinking China manufacturing
Wow factor of Woven City�
Calm markets supercharge carry trade
Secondhand luxury sellers go global
Chery on the cake
Power in play

Others Also Read