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Malay Mail reviews a year in which labor shortages cut Malaysian palm oil output, with January-November CPO production down 6.4% to 16.67 million tonnes. Crude palm oil prices rose 65.6% year on year as pent-up demand returned after reopening.
Sustained labor-driven output losses and strong demand keep palm oil prices elevated, tightening vegetable oil supplies heading into 2022.
malaymail.comDec 19, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
