Mexican palm growers say they are happy, oil palm reaches historic price

Published Dec 6, 2021

Tridge summary

Oil palm prices in Chiapas, Mexico have reached a historic high of 3,500 pesos per ton due to a global production deficit, particularly in Malaysia. This surge has significantly boosted the income of local producers, despite the sector's lack of government support. There are around 36,000 hectares dedicated to oil palm cultivation in the region. Meanwhile, indigenous youth are calling for the closure of African palm oil factories, asserting that they are causing ecological damage, land infertility, and health issues. They are demanding transparency on the activities of these factories and are seeking the repair of the ecosystem, medical care for the affected population, and an end to deforestation.

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Original content

MARVIN BAUTISTA. DIARIO DEL SUR. With information from LA JORNADA. TAPACHULA, Chiapas. At the end of 2021, a ton of oil palm has reached a historic price, which has come to reactivate the economy of peasant families hit by the crisis derived from the Covid-19 pandemic. The president of the regional council of palm growers, José Luis Méndez Hernández, affirmed that due to the low production of fruit at the international level, the ton of oil palm has reached 3,500 pesos, when before it oscillated between 1,200 and 1,500 pesos. He said that the production deficit, mainly in Malaysia, which is the main oil palm producer in the world, has caused marketing prices to rise favoring the producers' pockets. He pointed out that the producers are happy with the income they have obtained from their activity, since unfortunately this sector has been marginalized from all kinds of government support, despite the fact that it has positioned itself at the national level. «They are due to ...

Source: Inforural