Malaysia: Oilseeds and Products Annual

Post estimates Malaysian crude palm oil (CPO) production in marketing year (MY) 2020/21 at 19.5 million metric tons (MT). This lower than expected increase over the previous year is due to a serious shortage of manual labor resulting from COVID-19 related border closures. In MY 2021/22, Post forecasts CPO production at 20.0 million MT. This increase is based on the assumption that the Malaysian government will open the border and industry will be able to recruit new laborers.

Malaysia: Oilseeds and Products Annual