{"id":28395,"date":"2024-08-29T06:04:40","date_gmt":"2024-08-29T06:04:40","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=28395"},"modified":"2024-08-29T06:04:42","modified_gmt":"2024-08-29T06:04:42","slug":"ri-malaysia-facing-palm-production-problem-due-to-weather-old-trees","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2024\/08\/29\/ri-malaysia-facing-palm-production-problem-due-to-weather-old-trees\/","title":{"rendered":"RI, Malaysia Facing Palm Production Problem Due to Weather, Old Trees"},"content":{"rendered":"<p>The outlook for Indonesia\u2019s palm oil harvest has dimmed as dry weather and ageing trees crimp production in the world\u2019s top grower, which will likely tighten global supply and keep prices elevated.<!--more--><\/p>\n<p><a href=\"https:\/\/gapki.id\/en\/news\/2024\/08\/29\/ri-malaysia-facing-palm-production-problem-due-to-weather-old-trees\/palmol_sawit_businesstimes-com-sg\/\" rel=\"attachment wp-att-28396\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-28396\" src=\"https:\/\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmol_sawit_businesstimes.com_.sg_.jpg\" alt=\"\" width=\"998\" height=\"602\" srcset=\"https:\/\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmol_sawit_businesstimes.com_.sg_.jpg 817w, https:\/\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmol_sawit_businesstimes.com_.sg_-300x181.jpg 300w, https:\/\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/palmol_sawit_businesstimes.com_.sg_-768x463.jpg 768w\" sizes=\"auto, (max-width: 998px) 100vw, 998px\" \/><\/a><\/p>\n<p>Output of the tropical oil this year is expected to be flat or as much as 5 percent lower than in 2023, according to forecasts from the Indonesian Palm Oil Association (GAPKI) and the Indonesian Palm Oil Board (DMSI). The industry groups, which represent producers and refiners, had both predicted an increase earlier this year.<\/p>\n<p>The USA estimates global palm oil reserves are heading for the lowest level in three years, with the world\u2019s second-largest grower \u2013 Malaysia \u2013 also facing supply issues due to old trees and a labor shortage. The tropical oil is used in a wide range of products from soap to ice cream and fuels.<\/p>\n<p>Indonesia produced a record 54.8 million tons of palm oil in 2023, according to data from the country\u2019s palm oil association, following three years of declining output. GAPKI estimated output this year of 52 million to 53 million tons.<\/p>\n<p>About a third of Indonesia\u2019s key palm oil growing regions have seen lower than normal rainfall in July, including Sumatra and parts of Kalimantan, said M Hadi Sugeng, the secretary general of GAPKI. The trend is expected to continue this month, he added. The group forecast production will be steady to 5 per cent lower this year, compared with a February projection for a 5 percent increase.<\/p>\n<p>The USA Foreign Agricultural Service forecast Indonesian palm oil output from January to June declined by 2 per cent from the same period last year, according to a report earlier this month. Drought caused trees to develop more male flowers and decreased the volume of fresh fruit bunches, it said.<\/p>\n<p><strong>Old plantations<\/strong><\/p>\n<p>Maturing trees continues to be a persistent problem for the industry. For many of the nation\u2019s smallholders, their plantations are older than 25 years and they desperately need to be replenished to help boost output, said Sahat Sinaga, the acting chairman of the Indonesian Palm Oil Board.<\/p>\n<p>Fresh fruit production has slipped to as low as 700 kilograms a hectare at some plantations, from 830 kilograms, Sinaga said. The board estimated Indonesian output this year would drop by 3 percent, compared with a January forecast for a gain.<\/p>\n<p>\u201cI am deeply concerned, Indonesia\u2019s glory in palm oil could fade away if no one realizes this issue,\u201d Sinaga said, referring to ageing plantations. (*)<\/p>\n<p>Source: <em><a href=\"https:\/\/www.businesstimes.com.sg\/international\/asean\/indonesian-palm-oil-output-set-fall-dry-weather-old-trees\">businesstimes.com.sg<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The outlook for Indonesia\u2019s palm oil harvest has dimmed as dry weather and ageing trees crimp production in the world\u2019s top grower, which will likely tighten global supply and keep prices elevated.<\/p>\n","protected":false},"author":1,"featured_media":28396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","footnotes":""},"categories":[3708,3709],"tags":[],"class_list":["post-28395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RI, Malaysia Facing Palm Production Problem Due to Weather, Old Trees - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Fresh fruit production has slipped to as low as 700 kilograms a hectare at some plantations, from 830 kilograms, Sinaga said. The board..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gapki.id\/en\/news\/2024\/08\/29\/ri-malaysia-facing-palm-production-problem-due-to-weather-old-trees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RI, Malaysia Facing Palm Production Problem Due to Weather, Old Trees - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)\" \/>\n<meta property=\"og:description\" content=\"Fresh fruit production has slipped to as low as 700 kilograms a hectare at some plantations, from 830 kilograms, Sinaga said. 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