MARKET DEVELOPMENT
Malaysia Palm-Oil Output to Rise, Exports Drop, USDA Unit Says
Malaysia Palm-Oil Output to Rise, Exports Drop, USDA Unit Says
28/04/2011 (Bloomberg) - Malaysia’s palm-oil production may rise to 18.4 million metric tons in the year beginning Oct. 1, from 17.8 million in the current year, according to a unit of the U.S. Department of Agriculture.
Palm-oil exports may drop to 16.55 million tons, from 17 million, the USDA’s Foreign Agricultural Service said in a report posted today on its website.