In 2021, the average annual producer price for palm oil fresh fruit bunces (FFB) in Malaysia reached approximately 230.5 U.S. dollars per metric ton, a significant increase compared to the previous year. Labor shortage in the country caused by restrictions during the COVID-19 pandemic had impacted the production volume of FFB in the country, and likely drove the increase in price.
Average producer prices of palm oil fresh fruit bunches (FFB) in Malaysia from 2012 to 2021
(in U.S. dollars per metric ton)
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Price in U.S. dollars per metric ton
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FAO. (March 17, 2023). Average producer prices of palm oil fresh fruit bunches (FFB) in Malaysia from 2012 to 2021 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1404928/malaysia-producer-prices-of-palm-oil-ffb/
FAO. "Average producer prices of palm oil fresh fruit bunches (FFB) in Malaysia from 2012 to 2021 (in U.S. dollars per metric ton)." Chart. March 17, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1404928/malaysia-producer-prices-of-palm-oil-ffb/
FAO. (2023). Average producer prices of palm oil fresh fruit bunches (FFB) in Malaysia from 2012 to 2021 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1404928/malaysia-producer-prices-of-palm-oil-ffb/
FAO. "Average Producer Prices of Palm Oil Fresh Fruit Bunches (Ffb) in Malaysia from 2012 to 2021 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 17 Mar 2023, https://www.statista.com/statistics/1404928/malaysia-producer-prices-of-palm-oil-ffb/
FAO, Average producer prices of palm oil fresh fruit bunches (FFB) in Malaysia from 2012 to 2021 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1404928/malaysia-producer-prices-of-palm-oil-ffb/ (last visited July 22, 2024)
Average producer prices of palm oil fresh fruit bunches (FFB) in Malaysia from 2012 to 2021 (in U.S. dollars per metric ton) [Graph], FAO, March 17, 2023. [Online]. Available: https://www.statista.com/statistics/1404928/malaysia-producer-prices-of-palm-oil-ffb/