MARKET DEVELOPMENT
Global Vegoil Production Seen Recovering By 1.5 Mln T In Coming Season- Analyst Mielke
Global Vegoil Production Seen Recovering By 1.5 Mln T In Coming Season- Analyst Mielke
02.12.2021 (www.agriculture.com) - JAKARTA, Dec 2 (Reuters) - Global vegetable oil production is forecasted to recover by 1.5 million tonnes in the upcoming 2021/2022 season, leading oils analyst Thomas Mielke said on Thursday.
Global soybean production seen up by 17 mln tonnes in the upcoming season while global palm oil output is seen up 3.5 to 3.8 million tonnes, he told a virtual conference. (Reporting by Fathin Ungku and Bernadette Christina Munthe; Editing by Martin Petty)