"We're very grateful for the RM30 million oil palm replanting grant for next year. "We hope this RM30 million is adequate because there is no mention of replanting area in 2017," he added. Aliasak noted the oil palm replanting grant was previously set at RM7,500 per ha in Peninsular Malaysia and RM9,500 per ha over at Sabah and Sarawak. He explained the oil palm replanting grant goes to payment for labour, chemical usage, high yielding seedlings and machinery rental. "The cost price is around RM3.20 per kg while the floor price is only set at RM2.20 per kg.

Source: New Strait Times October 21, 2016 14:24 UTC