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Sector improves with CPO rallying to a decade-high price
PETALING JAYA: Malaysia's crude palm oil (CPO) production may have dropped further in November due to heavier-than-usual rainfall caused by La Nina, worker shortage and seasonality factors.
PETALING JAYA: The target price for crude palm oil (CPO) has been revised upward to RM2,500 per tonne for this year and RM2,600 per tonne for next year, according to Kenanga Investment Bank Research, an increase of RM200 in both cases.
KUCHING: Sarawak’s production and exports of logs from planted forests have surged as the cultivated fast-growing commercial timber trees attain maturity after between 10 and 14 years.
Lower demand from Japan adds to soft prices of plywood products
SIBU: Ta Ann Holdings Bhd’s business operations have not been severely impacted by the Covid-19 pandemic, says executive chairman Datuk Amar Abdul Hamed Sepawi.
KUCHING: Ta Ann Holdings Bhd is riding on the upward demand for PEFC (Programme for the Endorsement of Forest Certification) certified plywood products in the Japanese market to push for increased sales.