21/11/2007 (The Star Online), Guangzhou - Palm oil output in Malaysia, the world’s second-biggest producer of the vegetable oil, may rise next year as oil palm trees mature, providing higher yields, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said. 

Production may increase to 16.3 million tonnes in 2008 from 15.8 million tonnes this year, said Chin in an interview here. 

“Palm oil will become a more important source of vegetable oil” as production of other oilseeds around the world was poised to decline because of increased planting of corn, Chin said. – Bloomberg