Malaysia flood (update 3a): Sarawak floods receded, Peninsula damage estimates

30 January 2015: Sarawak floods receded

Floods continue to recede in Sarawak, only 19 left at a relief centre Posted on January 29, 2015, Thursday KUCHING: The floods in Sarawak receded almost completely A spokeswoman of the Sarawak National Security Council said only 19 people from six families in Bintulu were at a relief centre – the Sebauh Community Centre in Sebauh near Bintulu, the only one still open in the state.-Bernama  http://www.theborneopost.com/2015/01/29/floods-continue-to-recede-in-sarawak-only-19-left-at-a-relief-centre/#ixzz3QGDcjtAb

19 January 2015: Sarawak floods worsens, Peninsula damage estimates

Flood in Sarawak worsens this morning, remains unchanged in Kelantan and Perak   2015-01-19 11:37; KUALA LUMPUR, Jan 19 (Bernama) -- Flood in Sarawak worsens this morning with the total number of flood victims evacuated to relief centres rising to 3,201 from 736 families compared to 153 families last night.... Meanwhile in Kelantan and Perak the number remained the same as recorded last night at 354 and 80 respectively... In SARAWAK continuous rain since the last few days worsened the flood situation in several areas in the state, especially in Kuching, Samarahan, Mukah and Limbang divisions... The number of victims were expected to rise following continuous rain as well as king tides and the ongoing evacuation process, he said.

RM1bn loss from the floods and counting    2015-01-04 12:42; PETALING JAYA, Jan 3 (Sin Chew Daily) -- Damages caused by the massive floods in east coast and northern states on Peninsular Malaysia are estimated to be in the vicinity of RM1 billion... According to government officials, damages caused by the floods run up to RM878 million, and this includes RM350 million required to restore schools in five states, RM200 million to repair damaged homes, RM100 million for roads in Kelantan, RM132 million for Terengganu roads and RM96 million for repair of 93 hill slopes along the major roads.... The figure still does not include damages caused to rubber, oil palm plantation and agricultural sector, as well as loss suffered by residents and businesses.... Minister of plantation industries and commodities Datuk Seri Douglas Uggah Embas has said the floods have affected approximately 7,500 oil palm smallholders in seven states (Pahang, Terengganu, Kelantan, Johor, Perak, Selangor and Sabah), with affected areas of 24,000 hectares. He said the Malaysian Palm Oil Board (MPOB) chairman to monitor the situation of 165,000 hectares of oil palm plantations that may be affected by the floods..... https://www.mysinchew.com/node/104763

12 January 2015: Malaysia December output dropped 22% mom

Palm Oil Output in Malaysia Slumps Most Since 2006 on Floods By Ranjeetha Pakiam  Jan 12, 2015 7:01 PM GMT+0800 ; After the deluge, the reckoning. Palm oil output in Malaysia fell by the most in eight years after floods hit plantations in the second-largest producer, according to official data that showed a bigger decline than expected.... Output tumbled 22 percent to 1.36 million metric tons last month from November, the biggest drop since December 2006, the Palm Oil Board said today. That compares with a 1.46 million-ton estimate in a Bloomberg survey last week. Reserves fell 12 percent to 2.01 million tons, smaller than the 2.05 million-ton median in the survey. Exports rose 0.4 percent to 1.52 million tons, while the survey showed a 2 percent drop.... http://www.bloomberg.com/news/2015-01-12/palm-oil-output-in-malaysia-slumps-most-since-2006-on-flooding.html

10 January 2015: 145 flood victims in Johor, total in relief centers drops to 16,187

Number of flood victims in Johor continue to rise Published: January 10, 2015 01:47 PM
KUALA LUMPUR, Jan 10 — The number of flood victims continues to go up in Johor this morning with 145 people in Segamat being placed at flood relief centres compared to 130 last night.... Meanwhile, the number of flood victims in Pahang, Perak and Kelantan continue to drop compared to last night, but the figure is unchanged in Terengganu. Thus, the number of victims moved to relief centres nationwide had dropped to 16,187 people from 17,719 victims last night.....  In the meantime, the levels of the major rivers in Terengganu are normal this morning. — Bernama...  http://www.themalaymailonline.com/malaysia/article/number-of-flood-victims-in-johor-continue-to-rise#sthash.Y8QNGOPO.dpuf
7 January 2015: Forecast worries

Monsoon Surge in Malaysia Bringing Fresh Flood Risk for Palm By Ranjeetha Pakiam  Jan 5, 2015 6:34 PM GMT+0800  A monsoon surge that brought the worst floods in decades to Malaysia, hurting palm oil output in the second-largest grower, is forecast to move south this week, risking further inundations in Johor and Sarawak. Prices fell. Heavy rains will probably start on Jan. 7 or Jan. 8 in the two states and could last two or three days, potentially causing floods, according to Ambun Dindang, an officer at the Malaysian Meteorological Department. Johor, at the southern end of Peninsula Malaysia, together with Sarawak in Borneo Island account for about one third of the country’s total production. Palm oil rallied last week to the highest in almost two months after the severe flooding in the north hurt harvesting, and Ambun’s forecast raises the possibility of a second wave of disruptions further south. The wetter-than-usual weather that stretched from southern Thailand, through Malaysia and into Indonesia also triggered rubber-supply concerns, sending futures into a bull market. The floods will probably cut palm oil output and push prices higher, according to BNP Paribas SA.... http://www.bloomberg.com/news/2015-01-05/monsoon-surge-in-malaysia-raises-fresh-flood-risk-in-palm-states.html

2 January 2015: Impact estimates vary

Flood-Hit Areas in Malaysia May See Showers as Palm Oil Climbs  By Niluksi Koswanage  Jan 1, 2015 3:08 PM GMT+0800   Flood-hit areas in Malaysia, the second-largest palm oil producer, may see showers and storms over the first week of 2015, according to the national weather agency, while a U.S.-based forecaster said although more rain is on the way the region may receive less than initially expected. http://www.bloomberg.com/news/2015-01-01/flood-hit-areas-in-malaysia-may-see-showers-as-palm-oil-climbs.html

Palm Oil Output Seen Slumping 20% After Malaysian Floods By Ranjeetha Pakiam  Dec 31, 2014 6:31 PM GMT+0800  Palm oil output in Malaysia will decline this month and next as severe flooding disrupts harvesting in the largest exporter after Indonesia, exacerbating a seasonal drop in production, according to RHB Investment Bank Bhd. Output may contract by as much as 20 percent in December from 1.75 million metric tons in November, according to Alvin Tai, an analyst at the bank who’s covered the plantation industry for 11 years. There’ll be a significant reduction in harvesting, he said by phone in Kuala Lumpur.... http://www.bloomberg.com/news/2014-12-30/palm-oil-output-may-slump-20-as-floods-hit-malaysia-rhb-says.html

Maybank Research says floods have small impact on palm oil sector Wednesday, 31 December 2014 By: ISABELLE LAI; PETALING JAYA: Around 6.34% or 23,730ha of Felda Global Ventures Holdings Bhd’s (FGV) total estates were affected by the recent floods, with opportunity loss for its fresh fruit bunches production estimated at 11,000 tonnes, said Maybank IB Research.
Its research head Wong Chew Hann, who maintained its earnings forecasts and “hold” call on FGV, said that this estimated FFB production opportunity loss represented 0.2% of the forecast annual production.... “The estimated flood damages (including repair costs) and opportunity losses due to the floods are RM21mil as at Dec 29, or 4% of our financial year 2015 net profit forecast of RM527mil,” she said in a note yesterday... Wong said any impact of the floods on the palm oil sector would be small as 2.7% and 3.2% of total planted areas in 2013 came from Kelantan and Terengganu respectively.... Additionally, she said that 1.5% and 2.5% of crude palm oil production from January to November 2014 came from Kelantan and Terengganu respectively.... http://www.thestar.com.my/Business/Business-News/2014/12/31/Research-Floods-have-small-impact-on-palm-oil-sector/?style=biz