Webinar: Global Palm Oil Market 2021 - Statistics, Trends, and Outlook

We are hosting a 40-minute live webinar on the global palm oil market. Join us to get the main macroeconomic statistics around the production and trade, and talk over the challenges of coronavirus and the nearest future of the market. We invite speakers from the industry to share their thoughts on how they are going through this difficult time. Listen to stories from entrepreneurs from around the world and share yours! Background In March 2021, the futures price for crude palm oil reached its highest level of 954 US$/MT in 13 years, according to the Malaysian Palm Oil Council, March 23. This is due to limited supply from manufactures as a result of the COVID-19 pandemic. Malaysia, the world’s second-largest palm oil producer, faces severe labor shortages. Since the beginning of the pandemic, the country has stopped hiring foreign workers, and the former migrants have returned to their homeland. Malaysian suppliers have asked the government to fill a 50,000 la