FGV says its Yangambi ML161 seed can yield a higher percentage of oil extraction and bunch number.
The group said it has secured sales of one million oil palm seeds to India to date through its Yangambi ML161 brand, the number one oil palm planting material, with a 43% market share in Malaysia. FGV Pre Unique would act as the group’s vehicle to expand its seed market in India, mainly in the states of Andhra Pradesh and Telangana.
FGV group CEO Haris Fadzilah Hassan said Yangambi ML161 possesses distinct characteristics compared to other varieties as it gives a higher percentage of oil extraction and bunch number with medium-sized bunches, making it one of the most preferred seed types in the industry.
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