말레이시아 코코아콩 인사이트

The reduced import costs would lower production costs for smallholders while boosting their profit margins, it said.

Malaysia’s cocoa industry has achieved a significant milestone in 2024, recording a total export revenue of RM8.87 billion in August, representing 98% of the annual target of RM9 billion. This was disclosed by Deputy Minister of Plantations and Commodities Datuk Chan Foong Hin. According to Chan, the industry’s remarkable performance is largely attributed to the contributions of semi-finished products such as cocoa butter, cocoa powder and chocolate derivatives. He highlighted the continued relevance of cocoa as a catalyst for the country’s economic growth, bolstering its contribution to the country’s Gross Domestic Product (GDP). Chan revealed that the growing global demand for cocoa beans, coupled with the significant increase in prices — currently between RM18 and RM23 per kilogram — has attracted the interest of local farmers and plantations. In response, the government, through the Cocoa Board of Malaysia (LKM), is implementing revitalisation programmes to foster

The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad will not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin. He said the ministry has taken a strategic approach, including focusing on promotional efforts and diplomatic relations with international platforms, as well as establishing cooperation with strategic partners and non-governmental organisations to promote palm oil.