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Malaysia palm oil output, exports up 30% by year-end, minister says

Production set to climb as return of overseas workers eases labor crunch

Workers handle palm oil fruit at a plantation in Malaysia.   © Reuters

KUALA LUMPUR (Reuters) -- Malaysia's production and exports of palm oil are expected to rise 30% by the end of this year, amid increased demand after neighboring Indonesia banned exports and following the re-entry of plantation workers from abroad, a minister said.

Malaysia, the world's second-largest palm oil producer after Indonesia, stands to benefit from a global edible oil shortage exacerbated by Jakarta's export ban last month, but has struggled with a prolonged labor crunch after coronavirus border curbs halted the entry of migrant workers for its plantations.

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