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The Ministry of Plantation and Commodities (Malay: Kementerian Perladangan dan Komoditi; Jawi: كمنترين ڤرلاداڠن دان كومودتي ) is a ministry of the Government of Malaysia that is responsible for overseeing the development of the main commodities of Malaysia which are palm oil, rubber, timber, furniture, cocoa, pepper, kenaf and tobacco.
Tawau is one of the top cocoa production centres in Malaysia. The Teck Guan Cocoa Museum has become one of the important historical attractions for the town since it was founded in the 1970s by Datuk Seri Panglima Hong Teck Guan. [98] Varieties of cocoa products including chocolate jam and hot cocoa beverages are sold in the museum. [99]
Agriculture in Malaysia makes up twelve percent of the nation's GDP. Sixteen percent of the population of Malaysia is employed through some sort of agriculture. Large-scale plantations were established by the British. These plantations opened opportunity for new crops such as rubber (1876), palm oil (1917), and cocoa (1950).
Cocoa beans, cocoa butter and cocoa powder are traded on futures markets. The London market is based on West African cocoa and New York on cocoa predominantly from Southeast Asia. Cocoa is the world's smallest soft commodity market. The futures price of cocoa butter and cocoa powder is determined by multiplying the bean price by a ratio.
In 2022, Sarawak Rubber Industry Board (Sarib) was set up to regulate and revitalise the rubber industry in Sarawak. [145] Cocoa farming in Sarawak are largely dominated by smallholders. In the 1980s, Sarawak accounted for 16.9% of total cocoa cultivated area in Malaysia.
Climate change is stressing rainforests where the highly sensitive cocoa bean grows, but chocolate lovers need not despair, say companies that are researching other ways to grow cocoa or develop ...
A bean-to-bar company produces chocolate by processing cocoa beans into a product in-house, rather than melting chocolate from another manufacturer. Some are large companies that own the entire process for economic reasons; others are small- or micro-batch producers and aim to control the whole process to improve quality, working conditions, or environmental impact.
Olam International is an agri-business company, operating in 60 countries and supplying food and industrial raw materials to over 20,900 customers worldwide, placing them among the world's largest suppliers of cocoa beans, coffee, cotton and rice.