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Additional RM2 cess timely as CPO tops RM4,000 a tonne — MPOB

KUALA LUMPUR (March 12): Malaysian Palm Oil Board (MPOB) director-general Dr Ahmad Parveez Ghulam Kadir said today the additional RM2 per tonne cess or tax imposed on manufacturers of crude palm oil (CPO) and crude palm kernel oil is in line with the current uptrend in CPO prices at above RM4,000 a tonne. MPOB opines that the implementation of the new cess which was approved in 2019 is timely with the current performance of the oil palm industry, Ahmad Parveez said in a statement today. He said the price of CPO surged to RM4,022.50 per tonne on Tuesday (March 9, 2021), its highest since March 4, 2018.

Kuala lumpurAhmad parveez ghulam kadirAhmad parveezMalaysian sustainable palm oilAutomation research consortium of oil palmSarawak oil palm plantation owners associationMalaysian palm oil board cess amendment noMalaysian palm oil boardAutomation research consortiumOil palmகுவாலா லம்பூர்மலேசியன் நிலையான பனை எண்ணெய்ஆட்டோமேஷன் ஆராய்ச்சி கூட்டமைப்பு ஆஃப் எண்ணெய் பனைசரவாக் எண்ணெய் பனை தோட்டம் ஓநர்ஸ் சங்கம்மலேசியன் பனை எண்ணெய் பலகை சிஇஎஸ்எஸ் திருத்தம் இல்லைமலேசியன் பனை எண்ணெய் பலகை

Plantation associations appeal to govt on foreign worker, taxation, market access issues

Plantation associations appeal to govt on foreign worker, taxation, market access issues
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Short Position - Bursa, energy, plantation tax

Short Position - Bursa, energy, plantation tax
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Palm oil associations shocked by sudden cess hike

Palm oil associations shocked by sudden cess hike
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Kuala lumpurMohd khairuddin aman razaliDatuk ahmad jazlan yaakubMalaysian palm oil associationMalaysian estate owner associationAutomation research consortium of oil palmSarawak oil palm plantation owners associationMalaysian oleochemical manufacturers groupIncorporated society of plantersMalaysian palm oil boardMalaysian palm oil board cess orderPalm oil refiners association of malaysia poramMalaysian agricultural producers associationNational association for smallholders malaysiaNational associationSmallholders malaysia