Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/08/2017
Policy Category
Trade
Policy Instrument
Trade standards
Description
Confirmed that certification through the Malaysian Sustainable Palm Oil (MSPO) scheme would become mandatory for all palm oil growers by the end of 2019, and agreed to subsidize audit costs so as to help palm oil producers comply with the new standard.
Notes
Regarding the government’s pledge to support palm oil producers in conforming to the national standard for sustainable palm oil (see MPPU Sep.’17), ministry officials informed that audit costs will be subsidized at the following rates: 100 percent for small oil palm growers, i.e. organized or independent smallholders cultivating less than 40.46 hectares; 70 percent for estates with planted area between 40.5 and 1 000 hectares; and  30 percent for estates above 1 001 hectares as well as processing facilities (including mills, refineries and crushers).