Crop-friendly weather over the last few months in top palm oil producers Indones...
KUALA LUMPUR - Crop-friendly weather over the last few months in top palm oil producers Indonesia and Malaysia will help drive up output of the edible oil, traders and industry players said, underscoring forecasts of record production for 2019.
Record production from the two Southeast Asian countries, which account for over 80 percent of global output, would pressure benchmark prices that recently came off seven-month highs. Malaysian output stood at 19.5 million tonnes in 2018, and charted its highest production on record at 19.96 million tonnes in 2015, according to data from industry regulator the Malaysian Palm Oil Board.
“Where we had delayed rounds last year, we are now recovering, especially in Indonesia’s estates. So this adds to production,” said a Malaysia-based planter.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Good Governance: The Foundation For Good SchoolsGood schools, start with good boards. A look at the importance and impact of a strong, committed school board when it comes to charter school success and growth.
Lire la suite »
Opinion | What we learned from Bernie Sanders’s town hallOpinion: What we learned from Bernie Sanders’s town hall
Lire la suite »
The week in good news: A record-breaking baby, a giant sloth and new Dr. SeussCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Lire la suite »
Financial Advisors: The Good, The Bad, And The UglyDiscover what makes a worthwhile advisor while learning about red flags you should watch for.
Lire la suite »
5 things to know for March 4: Tornadoes, politics, Good Samaritan, Asia, Michael Jackson5 things for Monday: - Alabama tornadoes - Politics - US and Asia - Baltimore Good Samaritan killing - Michael Jackson
Lire la suite »