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1 25 期货各品种的市场走势预期及交易策略——期风明月——东方财富网博客

1 25 期货各品种的市场走势预期及交易策略——期风明月——东方财富网博客
eastmoney.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastmoney.com Daily Mail and Mail on Sunday newspapers.

Palm Output Hit by Double Whammy of Floods and Scarce Labor

(Bloomberg) Palm oil production in Malaysia is being dealt a double blow from a persistent shortage of workers to harvest the crop and torrential rains that have triggered floods in key growing areas of the world’s No. 2 supplier.Relentless heavy rain and thunderstorms have led to flash floods in parts of Sabah, Sarawak, Johor, Pahang and Perak the biggest palm oil-producing states in the country. While palm trees are typically water-loving and resistant to wet weather, prolonged floods could prevent harvesting leading to overripe fruit and poor oil quality and disrupt transport of fruit to mills.Deepening output woes is Malaysia’s re-imposition of lockdowns from Jan. 13, and a state of emergency that may last until August, which complicates the recruitment of foreign labor that the palm industry is so desperate for. The production constraints may help shore up palm oil futures, which have retreated from a 10-year peak.“Certain states including large oil pa

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