Palm oil output in Malaysia, the No. 2 supplier, could rise 5% this year after the government allowed plantations to hire foreign workers, said Joseph Tek, chief executive of the Malaysian Palm Oil Association.
The admission of new workers potentially means that an additional 5.2 million tons of fresh fruit bunches can be harvested, the top growers’ group said in a statement. That translates into 1 million tons of crude palm oil, Tek said.
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