PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 09 Apr 2026

Total Views: 426
MARKET DEVELOPMENT
Malaysia says palm oil industry faces $2.4 billion annual loss due to labour crunch
calendar05-07-2021 | linkwww.hellenicshippingnews.com | Share This Post:

03.07.2021 (www.hellenicshippingnews.com) - Malaysia, the world second-largest palm oil producer, is facing a labour shortfall of around 32,000 people due to corononavirus restrictions, the country’s commodities minister said on Thursday.

“The labour shortage issue is estimated to cause around 10 billion ringgit ($2.41 billion) in losses anually due to unharvested ripe palm oil fruits,” Minister Mohd Khairuddin bin Aman Razali said at a conference.
Source: Reuters

https://www.hellenicshippingnews.com/malaysia-says-palm-oil-industry-faces-2-4-billion-annual-loss-due-to-labour-crunch/