![okitsfrizz6366](/avatars/23741.jpg)
okitsfrizz6366
01.11.2019 •
Business
The global demand for palm oil is rapidly growing. thomas mielke, executive director of ista mielke gmbh which produces oil world, projected that demand for palm oil would increase to between 62-63 million tonnes by 2015 compared to 45.5 million tonnes in 2010. however, major producers such as malaysia and indonesia are facing obstacles in meeting the growing demand.
palm oil comprising 57% of global vegetables oil exports, saw a below average global output growth of 500,000 tonnes in 2010. indonesia, its biggest producer and exporter, needs to boost plantings to between 350,000 and 400,000 ha per year to satisfy future demand, yet its acreage expansion slowed in 2009 and 2010 which mielke expects to restrict production in coming years. malaysia’s output has declined in the same period, along with facing poor fresh fruit bunches (ffb) harvesting caused by shortage of labour, slow replanting and disappointing yields.
la nina, fertilizer cuts and shortage of labour have also led to a dip in palm oil stocks. however, mielke expects output and stocks to recover in the short term, thereby limiting the adverse effects of low stock and struggle in expanding acreage. he further added that global demand for palm oil and other oilseeds from the food, oleochemical and biofuel industries will continue to rise.
moreover, limiting factors such as land, water and logistics are intensifying the conflict between food and fuel needs, mielke said. he also noted that for biodiesel production, there is a need to source for alternative feedstocks.
source: adapted from the star, 10 march 2011
questions
according to the case above, what are the factors that contributed to a decline in the production of palm oil? (3 marks)
explain how the production of biodiesel (fuel) affects the production of food. (7 marks)
Solved
Show answers
More tips
- F Family and Home What is Most Important in Men s Lives?...
- H Health and Medicine Why Wearing a Back Brace Can Be Beneficial During Back Strain?...
- S Sport When and Where Will the 2014 World Cup be Held?...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
Answers on questions: Business
- B Business Beech, Inc. would like to sell an additional 500 shares of stock using the Dutch auction method. The bids received are as follows: Bidder Quantity Price A 100 $40 B 150...
- B Business A bank reconciliation proves the accuracy of the depositor’s and the bank’s records. The bank statement balance is adjusted for items such as outstanding checks and...
- B Business Prepare summary journal entries to record the following transactions and events a through h for a company in its first month of operations. a. Raw materials purchased...
- B Business Sam runs a surfing school on the North Shore of Oahu. He has two inputs: surfboards, which he rents from a local shop for $15 per day, and surfing instructors, whom he...
- B Business Designer Company processes copper ore into two products, C and U. The ore costs $5 per pound and conversion costs are $15 per pound. Designer Company plans to produce...
- B Business Grace Co. can further process Product B to produce Product C. Product B is currently selling for $60 per pound and costs $38 per pound to produce. Product C would sell...
- B Business Maddy has been performing at a very high level at the firm, and so when two colleagues of hers who are currently leading other development efforts get sick or leave the...
- B Business Deer Lake Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 150% of direct labor cost. Treating each case independently,...
- B Business 4. The catch-up effect Consider the economies of Hermes and Gribinez, both of which produce glops of gloop using only tools and workers. Suppose that, during the course...
- B Business Delores’s Restaurante borrows $100,000 at 6 percent interest from El Credito y Dinero Company and signs a promissory note for that amount. El Credito changes the amount...
Ответ: