Palm Oil Producer Countries Should Face Negative Narration

Doc. InfoSAWIT
Palm Oil Producer Countries Should Face Negative Narration

InfoSAWIT, JAKARTA – General Secretary of Ministry of Plantation Industries and Commodities Malaysia, Datuk Ravi Muthayah estimated, crude palm oil (CPO) price tends to be cheaper because many palm oil producer countries maximally produced.

He also mentioned, export activity will open the trade. He also believed that CPO price would slightly be cheaper. “CPO rally price since June 2020 happened for main vegetable oil supply disruption and logistic issues in palm oil producer regions. This was why CPO hit the break about US$ 1.230 (about RM 5.160) per ton,” he said when delivering opening remarks in webinar “Opportunities and Challenges for Palm Oil Producer Countries (OCOPOP)” that Council of Palm Oil Producer Countries (CPOPC) run and InfoSAWIT joined, Tuesday (23/11/2021).

Ravi Muthayah also mentioned, on 15 October 2021, it was a history for palm oil industries. He hoped, other producer countries, including Malaysia could act to get fair price and ready to face challenges, namely from the countries that negatively have sentiment about palm oil.

“Series of negative narration to palm oil are never ending – issues. We know it starting from the report that claimed palm oil consists of saturated fat which contributes to coroner heart disease,” he said.

Ravi also told that renewable energy directive also categorized palm oil as indirect land use change (ILUC) and will eliminate biofuel in palm oil – base in phase in 2030. Palm oil is the only target in ILUC while soybean is now out of ILUC lists.

Many countries namely from European Union start changing European Union Renewable Energy Directive (EU RED II) into their local regulation and indirectly forbid or precisely put biodiesel in palm oil – base miserable.

He also told that palm oil does always have something to do with safety and food health, such as, it contains of high 3-monochloropropane diol (3-MCPD) and in the recent days, palm oil is claimed to have mineral hydrocarbon oil in some products.

“These are the challenges from industries. It is significant for us to claim – narration contra with evidence – base facts to ensure more sustainable industries,” he said.

Meanwhile, Deputy II (Food and Agribusiness) Coordinator Ministry in Economy, Musdhalifah Machmud said, Indonesia has designed palm oil downstream industry roadmap to increase productivity, support industries, create ecosystem, implement good governance, and escalate palm oil business.

“These are not about supply and demand but also bigger control in every industrial supply chain. To realize everything in Indonesia, it needs to realize conducive ecosystem and more investment in downstream sectors,” she said.

The opening remarks were read by Moch Edy Yusuf, Deputy Assistant in Plantation and Agro-business Development, Coordinator Ministry in Economy, Indonesian Republic. (T2)