https://opiej.mpob.gov.my Oil Palm Industry Economic Journal Tue, 28 Aug 2018 04:30:36 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://opiej.mpob.gov.my/analysis-of-palm-oil-cost-of-production-survey-2002/ Tue, 28 Aug 2018 04:30:36 +0000 https://opiej.mpob.gov.my/?p=166 Read more]]> A cost of production survey of the Malaysian palm oil industry was undertaken in mid 2003. The analysis of the data revealed a number of strategies to reduce cost of production. These are the exploitation of the economies of scale, economies of scope, reducing on certain costs in the high cost companies and integrating the estate and mill.

]]> https://opiej.mpob.gov.my/selling-the-green-palm-oil-advantage/ Tue, 28 Aug 2018 04:29:33 +0000 https://opiej.mpob.gov.my/?p=164 Read more]]> Palm oil has many positive environment attributes; this paper discusses the green palm oil advantage (GPOA) and the prospects of using it as a marketing edge over competing edible oils. Compared with the major oilseed crops (soyabean, rapeseed and sunflower), oil palm is considered the most environmentally friendly with respect to land use efficiency and productivity, energy efficiency and inputs of fertilizers and pesticides and pollution potential. It contributes positively to climatic change through effective carbon sequestration and it is not genetically modified. When defining GPOA, due consideration must be given to the expectations of its stakeholders and how well they are met. At present, some major stakeholders are concerned over the potential linkage between forest destruction and loss of biodiversity with the expansion of the oil industry. As this concern could lead to consumer action that could undermine the competitive position of oil palm, it is vital that the industry engages the stakeholders concerned, to bring about a win-win resolution to this contentious issue and enhance the green palm oil advantage.

]]> https://opiej.mpob.gov.my/biodiversity-labelling-and-other-issues-in-the-marketing-of-gm-products/ Tue, 28 Aug 2018 01:36:57 +0000 https://opiej.mpob.gov.my/?p=159 Read more]]> Palm oil accounts for 21% and 47% of the global oil and fats production and trade respectively. Both Malaysia and Indonesia together are the world’s largest producers and exporters of palm oil with 84% and 90% share of world palm oil production and export, respectively. The paper outlines the increasingly dominant role that palm oil has played in the world oils and fats supply and demand equation during the past 40 years. The ascent of palm oil as a powerhouse in the global oils and fats market has been achieved by leveraging upon the techno-economic advantages of palm oil vis-à-vis competing oils as well as positive developments arising from consumer concerns on health, environment and food security. In efforts to maintain continued market growth, the future direction of the industry relating to improving competitiveness, widening the uses of palm oil, eliminating trade barriers and exploring new innovative marketing approaches will be discussed. These positive developments augur well for palm oil in its role as the driving force of the world oils and fats economy

]]> https://opiej.mpob.gov.my/palm-oil-the-driving-force-of-world-oils-and-fats-economy/ Tue, 28 Aug 2018 01:35:17 +0000 https://opiej.mpob.gov.my/?p=157 Read more]]> Palm oil accounts for 21% and 47% of the global oil and fats production and trade respectively. Both Malaysia and Indonesia together are the world’s largest producers and exporters of palm oil with 84% and 90% share of world palm oil production and export, respectively. The paper outlines the increasingly dominant role that palm oil has played in the world oils and fats supply and demand equation during the past 40 years. The ascent of palm oil as a powerhouse in the global oils and fats market has been achieved by leveraging upon the techno-economic advantages of palm oil vis-à-vis competing oils as well as positive developments arising from consumer concerns on health, environment and food security. In efforts to maintain continued market growth, the future direction of the industry relating to improving competitiveness, widening the uses of palm oil, eliminating trade barriers and exploring new innovative marketing approaches will be discussed. These positive developments augur well for palm oil in its role as the driving force of the world oils and fats economy.

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