Sarawak likely to overtake Sabah in three years to become country’s largest CPO producing state – UOB Kay Hian plantation director    

Sarawak likely to overtake Sabah in three years to become country’s largest CPO producing state – UOB Kay Hian plantation director

KUALA LUMPUR (Oct 4): Sarawak is likely to overtake Sabah to become the largest crude palm oil (CPO)-producing state in the country in three years’ time as Sarawak’s CPO production is still at a growth stage due to its younger age profile. 

“There is [a] better production growth coming from Sarawak, which has a younger age profile relatively compared to Sabah, whereby [the state] is currently undergoing [a] replantating cycle,” said UOB Kay Hian Securities ASEAN plantation research director Leow Huey Chuen.

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https://www.theedgemarkets.com/article/sarawak-likely-overtake-sabah-three-years-become-countrys-largest-cpo-producing-state-%E2%80%94-uob