Delay seen in replanting


Malaysian Palm Oil Board director general Dr Ahmad Parveez Ghulam Khadir.

PETALING JAYA: A potential delay in replanting activities among oil palm planters is envisaged this year, given the current record high crude palm oil (CPO) prices, say industry experts.

The spot CPO price on Feb 24 showed a new historical peak at RM6,845.50 per tonne, with the highest and lowest traded contracts at RM6,880 per tonne and RM6,750 per tonne, respectively.

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Palm oil , replanting , price , Ahmad Parveez , Nageeb ,

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