Red-Hot Rally in Palm Oil Reveals Dirty Jobs That No One Wants
- High rate of attrition for local workers on Malaysian estates
- Companies are seeking to boost yields with new technology
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Oil palm planters in Malaysia are confronting a hard truth -- behind the red-hot rally in prices are thousands of jobs that nobody wants.
While high prices typically encourage planting and production of crops, output in No. 2 grower Malaysia slumped to a five-year low last year and planters say the main reason for that is the industry’s worst-ever shortage of workers.