ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Commodities

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more