Peru: Palm growers with expectations in a sustainable production plan, to increase their investments

Published 2021년 7월 21일

Tridge summary

A national plan for the sustainable performance of the crude palm oil sector in Peru is under development, led by the Ministry of Agrarian Development and Irrigation (Midagri) and sector unions. The plan aims to provide clarity on economic and environmental sustainability practices, promote investment, and improve the image of Peruvian palm oil producers. Despite expectations, the sector is expected to see a 20% reduction in production this year due to climatic events, at a time of global production decline and increasing demand, leading to a near 100% increase in international prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The producers of crude palm oil have placed great expectations in the elaboration of a national plan that defines the practices for the sustainable performance of this sector. The preparation of this document will be in charge of the Ministry of Agrarian Development and Irrigation (Midagri) and unions linked to the sector. As it is recalled, last May Midagri created the multisectoral working group to prepare the "Management Instrument for the sustainable development of oil palm in Peru, period 2021-2031". As a first step, officials and unions are preparing a diagnosis of the sector. The palm growers unions indicate that this plan would allow them to have greater clarity on the practices required to achieve economic and environmental sustainability in the production of crude palm oil. This is used to make margarine, household oils, creams, biodiesel, among others. Norberto Angulo, partner and spokesperson for the National Board of Oil Palm of Peru (Junpalma), considered that having ...

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