# A year of two halves for palm oil sector | Malay Mail

> 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.

- Date: 2021-12-19 · published 2021-12-19T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/43697-a-year-of-two-halves-for-palm-oil-sector-malay-mail
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Sustained labor-driven output losses and strong demand keep palm oil prices elevated, tightening vegetable oil supplies heading into 2022.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/12/19/a-year-of-two-halves-for-palm-oil-sector/2029554

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