Salcra announces RM33.7 mln to be distributed

KUCHING: Sarawak Land Consolidation and Rehabilitation Authority (Salcra) has approved RM33.7 million net proceed payment (NPP) for 2020 for distribution among its 12,994 oil palm plantation programme participants. In a statement today, it said the payment would be made over two phases with the first phase, involving RM16.8 million or 50 per cent of the […]

CPO prices to ease between RM2,800- RM3,000 per tonne in Q1 2021

KUALA LUMPUR: Crude palm oil (CPO) prices is expected to ease to between RM2,800 and RM3,000 per tonne in the first quarter of 2021 due to higher production, says Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa. “Stocks rising and export demand will start to taper especially after February next year. So this […]