Malaysia and Indonesia are highly dependent on imported fertiliser, but Indonesia is at a slight advantage as local ammonia production is sufficient to meet the domestic requirement, said UOBKH.
PETALING JAYA: Oil palm plantation companies could see higher cost of production next year with higher oil and gas (O&G) prices driving the price of fertilisers.
Fertilisers are major items for oil palm planters, accounting for about 30% to 35% of cost, according to UOB Kay Hian Research (UOBKH).
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