# Malaysia palm group warns of losses ahead from 'severe' labour crunch

> The Malaysian Estate Owners Association warned of losses ahead due to a severe labour shortage. It said Malaysian producers cannot benefit from record palm oil prices driven by labour issues, Indonesian export caps and the Russia-Ukraine war.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: logistics · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15818-malaysia-palm-group-warns-of-losses-ahead-from-severe-labour-crunch
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Labour shortages constrain Malaysian palm oil output, which supports prices by limiting supply growth in a tight vegetable oil market.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-04-07 | [Malaysia palm planters face labor shortage as Indonesia workers stay away](https://feedsoft.ai/events/71605-malaysia-palm-planters-face-labor-shortage-as-indonesia-workers-stay-away.md) | -3.7% | -2.7% |
| PALMOIL | 2020-04-29 | [Malaysia's FGV expects 2020 crude palm oil output to plunge due to pandemic, ETEnergyworld](https://feedsoft.ai/events/53744-malaysia-s-fgv-expects-2020-crude-palm-oil-output-to-plunge-due-to-pandemic.md) | -9.2% | -3.5% |
| PALMOIL | 2020-06-24 | [Malaysian palm oil producers step up perks to retain foreign workers amid pandemic](https://feedsoft.ai/events/52733-malaysian-palm-oil-producers-step-up-perks-to-retain-foreign-workers-amid.md) | -1.0% | +5.7% |
| PALMOIL | 2024-09-30 | [Palm Oil News - The Lack of Soyoil in Brazil Made Supply Crisis to Biodiesel Production](https://feedsoft.ai/events/28408-palm-oil-news-the-lack-of-soyoil-in-brazil-made-supply-crisis-to-biodiesel.md) | +9.1% | +9.7% |
| PALMOIL | 2018-06-28 | [Extended Eid break disrupts Malaysian, Indonesian palm oil harvest, mills \| Malay Mail](https://feedsoft.ai/events/64629-extended-eid-break-disrupts-malaysian-indonesian-palm-oil-harvest-mills-malay.md) | -3.0% | -6.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/malaysia-palm-group-warns-losses-ahead-severe-labour-crunch-2022-06-06/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.