Experts see fall in palm oil production in Malaysia, Indonesia due to El Nino impact


Mielke:

BALI: Experts are expecting a “dramatic change” in world palm oil production, with annual growth expected to fall for the first time next year, due to the impact of El Nino in Indonesia and Malaysia.

Reduced production in Indonesia would be cushioned by the opening of new areas, and this will cause stagnant production at about 33.5 million tonnes from the country in 2016, but in Malaysia, it is expected to decline slightly.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , palm oil , plantation , commodities

   

Next In Business News

Oil prices climb as geopolitical tensions outweigh US inventories
Indonesian rupiah at three-month low; Asia stocks drop on Russia-Ukraine tensions
PM Anwar: Value of Malaysian business ventures in Vietnam exceeds US$13bil
Bank Rakyat issues inaugural RM500mil Asean sustainability SRI sukuk
China to beef up offshore wind power
Dyson dials back Malaysia hairdryer operations, redeploys staff
Starbucks considers selling stake in Chinese business, Bloomberg News reports
Asian stocks stutter as Nvidia's forecast disappoints
Oil prices edge up on geopolitical tensions; higher-than-expected US inventories cap gains
KAB registers strong growth in sustainable energy segment

Others Also Read