PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 28 Nov 2024

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MARKET DEVELOPMENT
Nov Holidays May Affect Palm Oil Output
calendar26-10-2004 | linkOilmandi | Share This Post:

10/26/04 (Oilmandi) - Are some concerns CPO supply may be disrupted inmid-November due to Deepavali and Idul Fitri holidays in Malaysia,Indonesia; official holidays only 2-3 days but workers typically away forlonger. "People are a bit concerned that production will be weaker becauseof all the holidays," says trader at Malaysia house; but lower productionwould be positive for palm oil prices.