CONSORTIUM AGRICULTURE HUB

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OUR PALM OIL LAND IN JOHOR

We have several other pieces of land in several areas all over Malaysia and we intend to purchase more lands. These lands are currently agriculture lands with palm oil plants which are still producing yields. However, we are looking for suitable partners to joint venture to develop the lands.

Mukim Sri Menanti, Daerah Muar, Negeri Johor

Mukim Sri Menanti, Daerah Muar, Negeri Johor

Mukim Sri Menanti, Daerah Muar, Negeri Johor

OIL PALM IN MALAYSIA

Oil palm (Elaeis guineensis) was first introduced to Malaysia as an ornamental plant in 1870. Since 1960, planted area had increased at a rapid pace. In 1985, 1.5 million hectares were planted with palm tree, and it had increased to 4.3 million hectares in 2007. It has become the most important commodity crop in Malaysia. As of 2011, the total planted area was 4.917 million hectares.

 

The oil palm planted currently is the tenera hybrid which yields about 4.0 t of palm oil per hectare, together with 0.5 t palm kernel oil and 0.6 t palm kernel cake. Oil palm has an economic life of about 25 years. The harvesting of the palm could begin 30 months after field planting.

The palm fruit is about the size of a small plum and is borne in large bunches weighing between 10 kg – 50 kg. A bunch can have up to 2000 fruits, each consisting of a hard kernel (seed) within a shell (endocarp) which in turn is surrounded by a fleshy mesocarp. The mesocarp is made up of about 49% oil and about 50% kernel.

The two oils (palm oil and palm kernel oil) have very different compositions. Palm oil (from the mesocarp) contains mainly palmitic acid (C16:0) and oleic acid (C18:1); the two most common fatty acids in natural oils and fats, and is about 50% saturated. Palm kernel oil is more than 80% saturated and contains mainly lauric acid (C12:0)

PRODUCTION OF PALM OIL AND PALM KERNEL OIL

Palm oil production in Malaysia has increased over the years, from 4.1 million tonnes in 1985 to 6.1 million tonnes in 1990 and to 16.9 million tonnes in 2010. It reached 18.9 million tonnes in 2011. The production is projected to reach 19.4 million tonnes in 2012. The Malaysian palm oil industry easily meets the local oils and fats demand, and the excess can be exported. Palm kernel oil production in 1999 was 1.3 million tonnes, and reached 4.7 million tonnes in 2011. Prior to 1970, most of the palm kernel produced was exported. Since 1979, they were crushed locally to produce crude palm kernel oil and palm kernel cake.

Malaysia is now the second largest producer of palm oil in the world; after being overtaken by Indonesia in 2006. Since 1985, palm oil has become the second most consumed oil in the world, after soyabean oil. Malaysia’s share of global production in 1999 was 51% but in 2011, it decreased to 38%.

Table 1 shows the productivity of various oilseed crops in terms of their oil content and oil yield. It is evident that the oil palm is the highest yielding oil crop, capable of producing 4.27 t of palm oil and palm kernel oil per hectare per year.

EXPORTS OF PALM OIL AND PALM KERNEL OIL

Palm oil is the most traded oil in the world. In 2011, its exports reached almost 39.04 million tonnes of which Malaysia’s share was 46%. To add value to crude palm oil and make it ready for human consumption, Malaysian manufacturers have installed the most extensive and efficient refining and fractionation facilities. This had been most successful during the years of 1974 to 1999, when the exports of processed palm oil grew from 0.9 to 8.9 million tonnes. In 2011, Malaysia’s export of palm oil rose to 17.99 million tonnes, after reaching a high of 16.66 million tonnes in 2010. Similar trend in export of palm kernel oil was seen in the same period, with the volume reaching 1.17 million tonnes in 2011.

Malaysia's Palm Oil Supply and Demand Updates for 2019

The year 2018 has indeed been a challenging year for the Malaysian oil palm industry with lower palm oil production, exports and prices, but finishing with higher palm oil closing stocks. Crude palm oil (CPO) production in 2018 recorded a decline by 2.0% to 19.52 million tonnes as against 19.92 million tonnes recorded in 2017. The decline was due to lower FFB yield, down by 4.1% to 17.16 tonnes per hectare as compared to 17.89 tonnes per hectare achieved in 2017. In the global market, weaker soyabean oil prices had contributed towards lower palm oil prices. Crude palm oil price traded lower by 19.8% or RM550.50/tonne to RM2,232.50/tonne in 2018 as against in 2017. The large CPO price discount as against other major competing oils in 2018 as compared to the previous year had negatively influenced exports of palm oil, but positively influenced exports of downstream products. The strengthening of crude oil prices in particular had boosted exports of biodiesel and oleochemicals. All in all, total exports oil palm products in 2018 was higher by 3.5%, amounting to 24.82 million tonnes as compared to 23.97 million tonnes exported in 2017. However, the weaker palm oil prices had affected palm oil export revenue in 2018. Export revenue for 2018 is expected to reach RM67.74 billion, lower by 12.9% as against RM77.81 billion in 2017. In line with the decline in palm oil exports, closing stocks in December 2018 was higher by 0.48 million tonnes or 17.7% to 3.22 million tonnes vis-à-vis 2.73 million tonnes recorded in 2017. For the year 2019, Malaysian palm oil industry is forecast to perform better as CPO production is expected to recover driven primarily by favourable weather conditions as well as the expansion in oil palm matured area. Apart from that, palm oil prices in the world market is expected to be firmer in 2018 with palm oil demand expected to regain its momentum to generate higher export revenue for the Nation.11

CHINESE VERSION

我们柔佛州的棕榈油土地

我们在马来西亚各地的数个地区有一些土地,我们打算购买更多土地。这些土地目前是拥有棕榈油植物的农业土地,仍在增产。然而,我们正在寻找合适的合作伙伴来合资开发土地。

Mukim Sri Menanti, Daerah Muar, Negeri Johor

Mukim Sri Menanti, Daerah Muar, Negeri Johor

棕榈油

马来西亚的油棕

油棕(Elaeis guineensis)于1870年作为一种观赏植物首次传入马来西亚。自1960年以来,种植面积迅速增加。 1985年,种植了150万公顷的棕榈树,到2007年已增加到430万公顷。它已成为马来西亚最重要的商品作物。截至2011年,总种植面积为491.7万公顷。

目前种植的油棕是特内拉混种,每公顷产量约为4.0吨棕榈油,还有0.5吨棕榈仁油和0.6吨棕榈仁饼。油棕的经济寿命约为25年。田间播种后30个月即可开始收获棕榈。

棕榈果大约只有一个小李子,大小为10公斤-50公斤之间。一束最多可有2000个水果,每个水果由壳(内果皮)内的硬核(种子)组成,然后被果肉中皮包围。中果皮由大约49%的油和大约50%的核心组成。

两种油(棕榈油和棕榈仁油)具有非常不同的组成。棕榈油(来自中果皮)主要包含棕榈酸(C16:0)和油酸(C18:1);天然油脂中两种最常见的脂肪酸,饱和度约为50%。棕榈仁油的饱和度超过80%,主要包含月桂酸(C12:0)

棕榈油和棕榈仁油的生产

多年来,马来西亚的棕榈油产量有所增长,从1985年的410万吨增加到1990年的610万吨,到2010年增加到1690万吨。2011年达到1890万吨。预计2012年产量将达到1940万吨。 马来西亚的棕榈油工业很容易满足当地的油脂需求,多余的可以出口。 1999年棕榈仁油的产量为130万吨,2011年达到470万吨。在1970年之前,生产的大多数棕榈仁都出口了。自1979年以来,它们在当地被压碎,以生产棕榈仁油和棕榈仁饼。

马来西亚现在是世界第二大棕榈油生产国。在2006年被印度尼西亚取代之后。棕榈油自1985年以来已成为仅次于大豆油的世界第二大消费油。马来西亚在1999年占全球产量的份额为51%,但在2011年下降到38%。

图表1显示了各种含油作物的含油量和产量。显然,油棕是产量最高的油料作物,每年每公顷能够生产4.27吨棕榈油和棕榈仁油。

棕榈油和棕榈仁油的出口

棕榈油是世界上交易量最大的油。 2011年,其出口量几乎达到3904万吨,其中马来西亚占46%。为了增加毛棕榈油的价值并使其可供人类消费,马来西亚制造商已安装了最广泛,最有效的精炼和分馏设施。这在1974年至1999年期间最为成功,当时加工棕榈油的出口从0.9吨增加到890万吨。马来西亚的棕榈油出口量在2010年达到1666万吨的最高水平之后,在2011年上升至1799万吨。同期,棕榈仁油的出口量也呈类似趋势,2011年达到117万吨。

马来西亚2019年棕榈油供求更新

对于马来西亚油棕行业而言,2018年确实是充满挑战的一年,棕榈油产量,出口和价格下降,但棕榈油期末库存增加。 2018年粗棕榈油(CPO)产量下降了2.0%,为1,952万吨,而2017年为1,092万吨。下降的原因是FFB产量降低,比2017年的每公顷17.89吨减少4.1%至每公顷17.16吨。在全球市场上,豆油价格微弱导致棕榈油价格下跌。与2017年相比,2018年毛棕榈油价格下跌19.8%或550.50令吉/吨至2,232.50令吉/吨。与前一年相比,2018年CPO与其他主要竞争油的价格折扣较大,对棕榈油出口产生负面影响,但对下游产品出口产生正面影响。特别是原油价格的上涨推动了生物柴油和油脂化学产品的出口。总体而言,2018年棕榈油产品总出口量增长了3.5%,达到2482万吨,而2017年为2 797万吨。然而,较低的棕榈油价格影响了2018年的棕榈油出口收入。2018年出口收入预计将达到677.4亿令吉,较2017年的778.1亿令吉,下降12.9%。与棕榈油出口的下降一致,2018年12月的期末库存比2017年的273万吨增加了48万吨或17.7%至322万吨。预计2019年,马来西亚棕榈油行业表现将更好,因为主要是有利的天气条件以及油棕成熟地区的扩张,毛棕榈油产量有望恢复。除此之外,预计2018年,全球棕榈油价格将稳定,棕榈油需求将重拾动力,为该国带来更高的出口收入。