# Malaysia palm planters face labor shortage as Indonesia workers stay away

> Malaysian palm planters expect a severe labor shortage because Indonesian workers who usually cross the border for harvests are staying away amid a weaker ringgit. Planters warn that late picking could delay harvests and lower extraction rates. Palm oil prices have already fallen nearly 15% this year.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: logistics · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/71605-malaysia-palm-planters-face-labor-shortage-as-indonesia-workers-stay-away
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A harvest labor shortage could cut output and support palm oil prices, although the effect depends on how long the shortage lasts.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-06-06 | [Malaysia palm group warns of losses ahead from 'severe' labour crunch](https://feedsoft.ai/events/15818-malaysia-palm-group-warns-of-losses-ahead-from-severe-labour-crunch.md) | -6.0% | -34.1% |
| PALMOIL | 2022-05-20 | [Recriminations fly as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41502-recriminations-fly-as-indonesia-resumes-palm-oil-exports.md) | +2.6% | -7.0% |
| 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% |
| PALMOIL | 2021-09-30 | [Palm oil futures hit all-time high as China rushes to fill soy oil shortage \| S&P Global](https://feedsoft.ai/events/45163-palm-oil-futures-hit-all-time-high-as-china-rushes-to-fill-soy-oil-shortage-s.md) | +9.8% | +12.8% |

## Sources

- reuters.com: https://www.reuters.com/article/world/malaysia-palm-planters-face-labor-shortage-as-indonesia-workers-stay-away-idUSKBN1790VM/

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