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Peak Oil is You


Page added on December 31, 2008

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Oil palm fruits left to rot in Indonesia as prices fall

PETALING JAYA: Low crude palm oil (CPO) prices and poor transportation have led to fresh fruit bunches (FFB) being left to rot in Indonesia and the situation has been a near miss for Malaysia.


Smallholders in Indonesia had been facing this problem since October when the CPO price hit a low of RM1,390 a tonne from a high of RM3,500 in mid-June, a Sabah planter told StarBiz.


He said Malaysia



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