News

Palm oil production seen surging in Malaysia as workers return

RBD Palm Oil
Malaysia
Published Jun 5, 2023

Tridge summary

Palm oil supply in Malaysia is set to soar as a labor crunch eases in the world’s second-biggest producer, paving the way for a bumper crop in the second half of the year, said a senior plantation executive. The return of foreign workers to plantations has accelerated harvesting, while better oil extraction rates are improving […]

Original content

Palm oil supply in Malaysia is set to soar as a labor crunch eases in the world’s second-biggest producer, paving the way for a bumper crop in the second half of the year, said a senior plantation executive. The return of foreign workers to plantations has accelerated harvesting, while better oil extraction rates are improving crude palm oil production, said IOI Corp. Plantations Director Sudhakaran Nottath Bhaskaran. Good rainfall over the past two years is also boosting the formation of fresh fruit bunches, he said during a field visit to an IOI estate in Johor. “Palm oil production is going to pick up speed from now onward until it reaches a peak around August to September,” Sudhakaran said. “Crops are rapidly going up and we expect a very strong peak this year.” Malaysia produces more than 20% of the world’s palm oil — used in consumer goods ranging from foods to cosmetics — but has struggled to bring back the overseas workers it normally relies on despite easing Covid ...
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