Malaysia palm output to improve amid better labour conditions – Markets

KUALA LUMPUR: Malaysia’s palm oil production is expected to improve this year as a labour shortage eases, industry regulator Malaysian Palm Oil Board (MPOB) said on Thursday.

MPOB Director-General Ahmad Parveez Ghulam Kadir told a seminar that output in the world’s second-largest producer should come in at 18.75 million metric tons while stocks are seen at 1.95 million metric tons this…