Investor Presentaiton

Smallholders react to the palm oil price drop In East Kal, where many trees were younger and less productive, fruit prices had dropped to Rp500/kg and nobody could afford to use fertilizer (selling at Rp8,000 per kg). Although some fertilizer was subsidized by the government, accessing supplies was difficult. In Parindu (West Kal) many had debts to their co- operative or agri-bank for purchases of motor cycles and other goods in the 'glory days'. Others still had debts to their estate, which cut their income by 30%. ➤ In Pangkalan Lada (Central Kal) smallholders said bitterly that they needed the support of the estate sector but their income was below production cost.

View entire presentation