# Labour shortages set up Malaysia for third year of palm oil losses | Reuters

> Labour shortages are expected to cut Malaysian palm oil production for a third year, supporting benchmark crude palm oil futures. Prices have lost half their value since hitting a record in March.

- Date: 2022-09-07 · published 2022-09-07T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/39676-labour-shortages-set-up-malaysia-for-third-year-of-palm-oil-losses-reuters
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Production shortfalls in Malaysia offer a floor for palm oil prices despite the broader downtrend, which matters for vegetable oil supply planning.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/labour-shortages-set-up-malaysia-third-year-palm-oil-losses-2022-09-07/

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